Bond Korea Housing Finance Corporation 1.912% ( KR354408G665 ) in KRW

Issuer Korea Housing Finance Corporation
Market price refresh price now   100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR354408G665 ( in KRW )
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.
DateClean price
08/07/2024100.00%
07/08/2024100.00%
09/03/2023100.00%