Bond Korea Home Finance Corp. 0% ( KR3544017345 ) in KRW

Issuer Korea Home Finance Corp.
Market price refresh price now   100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR3544017345 ( in KRW )
Interest rate 0%
Maturity 25/04/2048



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Minimal amount 10 000 KRW
Total amount 162 412 000 000 KRW
Detailed description The Korea Housing Finance Corporation (KHFC) is a government-sponsored enterprise that provides financial support for housing in South Korea, primarily through mortgage lending and related financial services.

An in-depth analysis of a significant debt instrument reveals details of a bond issuance, identified by ISIN KR3544017345, from the Korea Housing Finance Corporation, a state-owned entity established under the Korea Housing Finance Corporation Act that plays a pivotal role in South Korea's financial landscape by enhancing housing welfare through the provision of long-term, fixed-rate mortgage loans, the operation of housing guarantee schemes, and the issuance of mortgage-backed securities to secure stable funding for the housing market, thereby fostering a sound financial system for housing and contributing to national economic stability; this specific bond, denominated in Korean Won (KRW) and issued in South Korea, encompasses a substantial total issuance size of KRW 162,412,000,000 and is characterized by a 0% interest rate, identifying it as a zero-coupon bond where investor returns are typically derived from purchasing the instrument at a discount to its face value and holding it until its maturity at par, although its current market price is notably listed at 100%, which would imply no yield to maturity from this current price point unless additional underlying mechanisms are involved; furthermore, the bond carries a long-term maturity date of April 25, 2048, and facilitates accessibility for investors with a minimum purchase size set at KRW 10,000, alongside a stated payment frequency of 1, which for coupon-bearing bonds typically denotes annual distributions.