The following table shows trading rules specially applicable to LPBs.
Item | Descriptions |
---|---|
Common Account for LPB Only |
One-time trading for a LPB by an individual is possible through a common account only for LPBs under the name of a member firm without opening a separate account. |
Bid Quotation by Category | Bid quotations of Provincial development bonds and Metropolitan city subway bonds are submitted by category classified per issuance month. |
Trading Unit | Face value KRW 1,000 |
Priority of Simultaneous Quotations | KRW 10 milIion → KRW 50 milIion → KRW 100 milIion → KRW 300 milIion → KRW 500 milIion → Remainder |
Trading at Market Closing |
A single price by a reported market price of the previous day shall be applied to trading from 20 minutes prior to closing till market closing. |