Bond Korea Home Finance Corp. 1.38% ( KR354414G986 ) in KRW
| Issuer | Korea Home Finance Corp. |
| Market price | |
| Country | Republic of Korea
|
| ISIN code |
KR354414G986 ( in KRW )
|
| Interest rate | 1.38% per year ( payment 1 time a year) |
| Maturity | 23/08/2034 |
|
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 | 60 000 000 000 KRW |
| Next Coupon | 23/08/2026 ( In 159 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. Details have emerged regarding a new debt instrument offering, identified as a bond with ISIN KR354414G986. This bond is issued by the Korea Housing Finance Corporation (KHFC), a pivotal public institution operating under the purview of the South Korean government. Established under the Korea Housing Finance Corporation Act, KHFC's core mission is to provide stable, long-term housing finance to the public, facilitating homeownership and promoting the overall stability of the housing market in Korea. It achieves this by securitizing mortgage loans, issuing mortgage-backed securities (MBSs), and providing various housing finance products, thereby playing a crucial role in the nation's financial infrastructure and social welfare. This specific bond is denominated in Korean Won (KRW) and originates from South Korea. It carries a fixed interest rate of 1.38% and is currently trading at 100% of its par value on the market. The total size of this issuance is substantial, amounting to KRW 60,000,000,000. For prospective investors, the minimum purchase size has been set at KRW 10,000. The bond features a maturity date of August 23, 2034, providing a long-term investment horizon, and its interest payments are structured to occur with a frequency of one, typically implying an annual payment schedule. This issuance reflects KHFC's ongoing efforts to secure funding for its mandate, offering investors a long-term, fixed-income opportunity tied to the stability and development of the South Korean housing finance sector. |
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