Bond Korea Housing Finance Corporation 3.06% ( KR354407G4A8 ) in KRW
| Issuer | Korea Housing Finance Corporation | ||||||||
| Market price | |||||||||
| Country | Republic of Korea
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| ISIN code |
KR354407G4A8 ( in KRW )
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| Interest rate | 3.06% per year ( payment 1 time a year) | ||||||||
| Maturity | 10/02/2029 | ||||||||
| Minimal amount | 10 000 KRW | ||||||||
| Total amount | 20 000 000 000 KRW | ||||||||
| Next Coupon | 10/02/2027 ( In 341 days ) | ||||||||
| 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. A detailed examination of a bond identified by ISIN code KR354407G4A8 reveals it is issued by the Korea Housing Finance Corporation, a critical state-backed financial institution in South Korea established under the Korea Housing Finance Corporation Act with the primary mission of providing stable, long-term housing finance, including mortgage loans, reverse mortgages, and credit guarantees for housing, thereby playing a pivotal role in enhancing the stability of the Korean housing market and promoting citizen welfare; this South Korean-issued debt instrument, denominated in Korean Won (KRW), is currently available at a market price of 100% and offers an annual interest rate of 3.06%, with its maturity scheduled for October 2, 2029, featuring a payment frequency of once per year, and is part of a total issue size of KRW 20,000,000,000 with a minimum purchase size set at KRW 10,000. |
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