Bond Korea Home Finance Corp. 1.599% ( KR354408GAB0 ) in KRW

Issuer Korea Home Finance Corp.
Market price 100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR354408GAB0 ( in KRW )
Interest rate 1.599% per year ( payment 1 time a year)
Maturity 17/11/2025 - Bond has expired



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Minimal amount 10 000 KRW
Total amount 470 000 000 000 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.

This financial article details a bond issuance identified by the ISIN KR354408GAB0, a debt instrument issued by the Korea Housing Finance Corporation, a key player in the South Korean financial landscape. The Korea Housing Finance Corporation (KHFC) is a government-backed financial institution established under the Korea Housing Finance Corporation Act. Its primary mission is to contribute to the stability of the housing finance market and enhance public welfare by supplying long-term, fixed-rate mortgage loans, providing credit guarantees for housing loans, and issuing mortgage-backed securities (MBSs) and covered bonds. As a public institution, KHFC plays a crucial role in promoting sound housing finance practices and supporting the housing needs of the Korean populace. This specific bond, denominated in Korean Won (KRW), currently trades at 100% of its face value on the market, reflecting its current valuation. It offers an annual interest rate, or coupon, of 1.599%. The bond has a defined maturity date of November 17, 2025, at which point the principal amount will be repaid to bondholders. The total size of this particular bond issuance stands at 470,000,000,000 KRW, representing the aggregate nominal value of all bonds issued under this program. For investors, the minimum purchase size is set at 10,000 KRW, making it accessible for various investment scales. The bond features an annual payment frequency, meaning interest payments are disbursed once per year to the bondholders.