The Ministry of Finance and Economy plans to issue Korea Treasury Bonds worth approximately 12,000 billion won in November 2026 through competitive bidding.
Auction Schedule, November 2026
(Unit: KRW billion)
|
Name |
Auction Notice |
Auction Date |
Settlement Date |
Issue Date |
Type |
Volume |
|
2Y KTB 03625-2809 (26-7) |
October 29 |
November 2 |
November 3 |
September 10, 2026 |
F1 |
1,800 |
|
3Y KTB 03500-2906 (26-5) |
November 4 |
November 9 |
November 10 |
June 10, 2026 |
F |
1,100 |
|
3Y KTB 00000-2912 (26-12) |
November 4 |
November 9 |
November 10 |
December 10, 2026 |
P2 |
1,100 |
|
5Y KTB 04125-3109 (26-9) |
November 18 |
November 23 |
November 24 |
September 10, 2026 |
F |
2,300 |
|
10Y KTB 04250-3606 (26-6) |
November 11 |
November 16 |
November 17 |
June 10, 2026 |
F |
1,100 |
|
10Y KTB 00000-3612 (26-13) |
November 11 |
November 16 |
November 17 |
December 10, 2026 |
P |
1,100 |
|
20Y KTB 04500-4609 (26-10) |
November 19 |
November 24 |
November 25 |
September 10, 2026 |
F |
800 |
|
30Y KTB 04500-5609 (26-8) |
October 29 |
November 3 |
November 4 |
September 10, 2026 |
F |
2,000 |
|
50Y KTB 04625-7609 (26-11) |
November 10 |
November 13 |
November 16 |
September 10, 2026 |
F |
700 |
|
Conversion Offer |
Conventional |
November 12 |
November 17 |
November 19 |
September 10, 2026 |
F |
400 |
|
Inflation-linked |
November 3 |
November 6 |
November 10 |
June 10, 2026 |
F |
100 |
|
|
|
FXB 00000-2711 (26-11) |
November 17 |
November 20 |
November 23 |
November 10, 2026 |
N/A |
1,200 |
1. Fungible issue
2. Pre-issuance
* 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 2,260 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 November 19 with a detailed plan.
4) Buyback
|
Date |
KTBs to be purchased |
Amount |
|
November 18 10:40-11:00 am |
KTB 03250-2706 (24-4)
KTB 03125-2709 (22-8)
KTB 03000-2803 (26-1)
KTB 03250-2803 (23-1)
KTB 02250-2806 (25-4)
|
KRW 2,000 billion |
* Further details will be provided on November 13 through the BOK website.
5) Conversion offer
|
Date |
KTBs to be issued |
KTBs and KTBis
to be purchased |
Amount |
|
November 6
10:40-11:00 am |
10Y KTB 04250-3606 (26-6)
(Maturing on
June 10, 2036) |
KTBi 01750-2806 (18-5)
KTBi 01125-3006 (20-5)
KTBi 01625-3206 (22-6)
KTBi 00750-3406 (24-6)
* Further details will be provided on November 3 through the BOK website. |
KRW 100 billion |
|
November 17 10:40-11:00 am |
30Y KTB 04500-5609 (26-8)
(Maturing on
September 10, 2056) |
KTB 01875-5103 (21-2)
KTB 03250-5303 (23-2)
KTB 03250-5403 (24-2)
KTB 02750-5409 (24-8)
KTB 02625-5503 (25-2)
* Further details will be provided on November 12 through the BOK website. |
KRW 400 billion |
