Bond Korea Home Finance Corp. 1.95% ( KR354414G622 ) in KRW
| Issuer | Korea Home Finance Corp. |
| Market price | 100 % ⇌ |
| Country | Republic of Korea
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| ISIN code |
KR354414G622 ( in KRW )
|
| Interest rate | 1.95% per year ( payment 1 time a year) |
| Maturity | 19/02/2026 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 KRW |
| Total amount | 140 000 000 000 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. A detailed examination of a fixed-income instrument issued by the Korea Housing Finance Corporation (KHFC) reveals a structured debt offering identified by ISIN KR354414G622, currently trading at par. The issuer, Korea Housing Finance Corporation, is a prominent public financial institution established by the Korean government with the primary mission of promoting the long-term, stable development of the housing finance market in South Korea. KHFC achieves this by providing mortgage loans, guaranteeing housing loans, and issuing various debt instruments, including mortgage-backed securities (MBS), to secure funding for its operations. As a government-backed entity, KHFC plays a critical role in facilitating homeownership and ensuring financial stability within the nation's housing sector, which often translates to a perception of low credit risk among investors due to its implicit sovereign backing. This particular bond, issued in South Korea and denominated in Korean Won (KRW), carries a fixed interest rate, or coupon, of 1.95%. The total size of this specific issuance is substantial, amounting to KRW 140,000,000,000, reflecting a significant capital raise by KHFC. The bond offers investors a relatively short-to-medium term fixed-income exposure with a maturity date set for February 19, 2026. Interest payments are scheduled to occur annually, providing a predictable income stream for bondholders. The current market price of the bond stands at 100% of its face value, indicating that it is trading at par, and its yield to maturity is approximately equivalent to its coupon rate of 1.95%, assuming standard compounding and no accrued interest considered. The minimum purchase size for this bond is set at KRW 10,000, making it accessible to a range of institutional and potentially retail investors depending on the distribution channels. |
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