Bond Korea Housing Finance Corporation 1.912% ( KR354408G665 ) in KRW
| Issuer | Korea Housing Finance Corporation | ||||||||
| Market price | |||||||||
| Country | Republic of Korea
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| ISIN code |
KR354408G665 ( in KRW )
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| Interest rate | 1.912% per year ( payment 1 time a year) | ||||||||
| Maturity | 06/03/2036 | ||||||||
| Minimal amount | 10 000 KRW | ||||||||
| Total amount | 10 000 000 000 KRW | ||||||||
| Next Coupon | 06/03/2027 ( In 220 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 fixed-income instrument, identified by ISIN KR354408G665, is an obligation issued by the Korea Housing Finance Corporation, a key public financial institution in South Korea. The issuer, established under the Korea Housing Finance Corporation Act, plays a crucial role in enhancing the stability of the nation's housing finance market and promoting public welfare by providing long-term, fixed-rate mortgage loans, housing-related guarantees, and the securitization of mortgage assets. Its central position within the South Korean financial landscape underscores its significance and often implies a level of governmental backing due to its public mandate. This specific bond, denominated in Korean Won (KRW), carries a fixed annual interest rate of 1.912% and is scheduled to mature on June 3, 2036. The total size of this particular issuance is substantial, reaching 10,000,000,000 KRW, reflecting a significant offering in the market. Investors can acquire this instrument with a minimum purchase size of 10,000 KRW, and interest payments are structured with an annual frequency. Currently, the bond is trading at its par value, with a market price reported at 100%, indicating stability and alignment with its initial offering conditions for this South Korean-issued debt instrument. |
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