Bond Korea Home Finance Corp. 1.574% ( KR354408G970 ) in KRW
| Issuer | Korea Home Finance Corp. |
| Market price | |
| Country | Republic of Korea
|
| ISIN code |
KR354408G970 ( in KRW )
|
| Interest rate | 1.574% per year ( payment 1 time a year) |
| Maturity | 26/07/2034 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 10 000 KRW |
| Total amount | 90 000 000 000 KRW |
| Next Coupon | 26/07/2026 ( In 131 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. **Analysis of Korea Housing Finance Corporation Bond (ISIN: KR354408G970)** This financial article provides an overview of a specific fixed-income instrument issued by Korea Housing Finance Corporation (KHFC), a significant player in the South Korean financial landscape. The bond, identified by the International Securities Identification Number (ISIN) KR354408G970, is a key offering from an issuer deeply integrated into the nation's housing policy and financial stability. Korea Housing Finance Corporation (KHFC) is a state-run financial institution established under the Korea Housing Finance Corporation Act. Its primary mission is to contribute to the stability of the national economy and improve public welfare by facilitating long-term, fixed-rate mortgage loans and by developing a sound housing finance market in South Korea. KHFC achieves this by securitizing mortgage loans into Mortgage-Backed Securities (MBS) and by guaranteeing residential mortgage loans. As a public enterprise whose liabilities are implicitly backed by the Korean government, KHFC typically enjoys a high credit standing, which often translates into competitive borrowing costs and strong investor confidence in its issued debt instruments. Its operations are central to promoting homeownership and supporting the overall housing market in the Republic of Korea. This specific bond, issued by KHFC and denominated in Korean Won (KRW), presents a detailed set of characteristics for potential investors. It carries an annual interest rate, or coupon, of 1.574%. Interest payments for this bond are scheduled with a frequency of one, indicating annual disbursements to bondholders. The bond's maturity date is set for July 26, 2034, positioning it as a long-term investment opportunity that provides a steady income stream over more than a decade. The total size of this particular bond issue is substantial, amounting to KRW 90,000,000,000, reflecting a significant capital raise by the issuer. Currently, the bond is trading on the market at 100% of its par value, suggesting it is trading at fair value relative to its coupon and prevailing market interest rates. For investors looking to participate in this offering, the minimum purchase size is set at KRW 10,000, making it accessible to a wide range of investors from institutional to retail. Issued from South Korea, this bond offers direct exposure to the credit quality of a key government-affiliated entity within one of Asia's leading economies. |
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