The Ministry of Finance and Economy plans to issue Korea Treasury Bonds worth approximately 12,000 billion won in October 2026 through competitive bidding.
Auction Schedule, October 2026
(Unit: KRW billion)
|
Name |
Auction Notice |
Auction Date |
Settlement Date |
Issue Date |
Type |
Volume |
|
2Y KTB 03625-2809 (26-7) |
October 1 |
October 6 |
October 8 |
September 10, 2026 |
F1 |
2,100 |
|
3Y KTB 03500-2906 (26-5) |
October 6 |
October 12 |
October 13 |
June 10, 2026 |
F |
2,400 |
|
5Y KTB 04125-3109 (26-9) |
October 21 |
October 26 |
October 27 |
September 10, 2026 |
F |
2,200 |
|
10Y KTB 04250-3606 (26-6) |
October 14 |
October 19 |
October 20 |
June 10, 2026 |
F |
2,100 |
|
KTBi 01125-3606 (26-4) |
October 2 |
October 8 |
October 12 |
June 10, 2026 |
F |
100 |
|
20Y KTB 04500-4609 (26-10) |
October 22 |
October 27 |
October 28 |
September 10, 2026 |
F |
700 |
|
30Y KTB 04500-5609 (26-8) |
October 1 |
October 7 |
October 8 |
September 10, 2026 |
F |
1,800 |
|
50Y KTB 04625-7609 (26-11) |
October 13 |
October 16 |
October 19 |
September 10, 2026 |
F |
600 |
|
Conversion Offer |
Conventional |
October 15 |
October 20 |
October 22 |
September 10, 2026 |
F |
500 |
|
|
|
FXB 00000-2710 (26-10) |
October 20 |
October 23 |
October 26 |
October 10, 2026 |
N/A |
1,000 |
|
|
|
|
|
|
|
|
|
1. Fungible issue
* Under a fungible issue system, new KTBs issued within a specified period (six-month period for 2Y, 3Y, 5Y, 10Y and 30Y KTB, one-year period for 20Y KTB, and two-year period for KTBi and 50Y KTB) are regarded as the same KTB issue.
1) Non-competitive bids option I
For retail investors, KTBs worth 2,280 billion won (no more than 20% of the offered amount in the auction excluding 50Y KTBs) will be allocated first at the highest accepted bid rate.
2) Non-competitive bids option II
A non-competitive purchasing option II is granted to primary dealers (PD) whereby PDs can make additional purchases of 5-30%* of the accepted bid amount within three business days after the auction.
* Up to 20%p of the option is granted to the top-performing PDs, 15%p to the 2nd best-performing PDs, 10%p to the 3rd best-performing PDs, and 5%p to the rest, according to their market-making performances for the last six months. MOEF will grant additional 5-10%p to best performing PDs in the monthly evaluation.
3) Non-competitive bids option III
KTB STRIPS* are supplied on the third business day after the auctions, 310 billion won for 3Y, 5Y, and 10Y KTBs, 360 billion won for 30Y KTBs, and 160 billion won for 20Y KTBs. PDs that have obtained the right to purchase these KTB STRIPS can make purchases of up to 25 billion won.
＊Non-competitive option Ⅵ
Details have yet to be decided. If non-competitive option Ⅵ needs to be implemented, the
Ministry will make an announcement on October 22 with a detailed plan.
4) Buyback
|
Date |
KTBs to be purchased |
Amount |
|
October 21
10:40-11:00 am |
KTB 03250-2706 (24-4)
KTB 02250-2709 (25-6)
KTB 02875-2712 (24-12)
KTB 02250-2806 (25-4)
KTB 03500-2809 (23-6)
KTB 03375-3206 (22-5)
KTB 04250-3212 (22-14)
KTB 04125-3312 (23-11)
|
KRW 3,500 billion |
* Further details will be provided on October 16 through the BOK website.
5) Conversion offer
|
Date |
KTBs to be issued |
KTBs
to be purchased |
Amount |
|
October 20
10:40-11:00 am |
30Y KTB 04500-5609 (26-8)
(Maturing on
September 10, 2056) |
KTB 03000-4212 (12-5)
KTB 01875-5103 (21-2)
KTB 03625-5309 (23-7)
KTB 03250-5403 (24-2)
KTB 02750-5409 (24-8)
|
KRW 500 billion |
* Further details will be provided on October 15 through the BOK website.
