Bond Korea Home Finance Corp. 0% ( KR354409G481 ) in KRW

Issuer	Korea Home Finance Corp.
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR354409G481 ( in KRW )
Interest rate	0%
Maturity	25/09/2049
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Minimal amount	10 000 KRW
Total amount	182 128 000 000 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. A detailed financial instrument, identified as a bond with ISIN KR354409G481, has been issued by the Korea Housing Finance Corporation (KHFC), a prominent state-backed financial institution based in South Korea. This bond, denominated in Korean Won (KRW), is currently observed trading at 100% of its face value in the market, with its maturity date set for September 25, 2049, indicating a long-term investment horizon. The total size of this particular issuance amounts to KRW 182,128,000,000, with a minimum purchase size set at KRW 10,000. Notably, the bond carries a 0% interest rate and an annual payment frequency, which, given the zero-coupon characteristic, implies no periodic coupon distributions to bondholders. The Korea Housing Finance Corporation (KHFC) plays a crucial role within the South Korean financial landscape, primarily focused on enhancing the stability and efficiency of the national housing finance market; as a public institution established under the Korea Housing Finance Corporation Act, its core mission involves providing long-term, fixed-rate mortgage loans, securitizing mortgage assets through the issuance of Mortgage-Backed Securities (MBS), and guaranteeing housing-related loans. The issuance of bonds, such as the one described, is a fundamental mechanism for KHFC to raise capital, enabling it to fulfill its mandate of facilitating stable housing finance for households across South Korea, with its government backing underscoring its significance and implying a certain level of creditworthiness associated with its financial instruments.