South Korea Fines 15 Institutions for Collusion in Government Bond Auctions
Start here
AI-assisted source synthesis · not an independent investigation.
On November 11, 2026, South Korea’s Fair Trade Commission fined 15 banks and securities firms a total of 1.63 trillion won, accusing them of colluding to manipulate government bond auctions. The commission said the dealers had agreed in advance on bid yields and quantities in 145 of the 150 auctions held between January 2020 and June 2023. It said the fine was a record for a single case; another 7 companies will be referred for investigation.
AI-written from reports · updated 2 hours ago
Timeline
Follow the reporting to see the different sides of the story.
- Finance MagnatesSelectedSouth Korea fines 15 banks and securities firms 1.63 trillion won for collusion in government bond auctions
South Korea’s Fair Trade Commission fined 15 banks and securities firms a total of 1.63 trillion won, saying they manipulated government bond auctions. This is the Commission’s record fine for a single case. The regulator said the dealers involved agreed in advance on bid yields and amounts in 145 of 150 auctions held between January 2020 and June 2023; 7 other companies will be referred for investigation.
Heat over time
Not enough consecutive observations yet to draw a trend.