Bond Korea Housing Finance Corporation 2.365% ( KR354415GB46 ) in KRW

Issuer Korea Housing Finance Corporation
Market price refresh price now   100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR354415GB46 ( in KRW )
Interest rate 2.365% per year ( payment 1 time a year)
Maturity 04/13/2031
Minimal amount 10 000 KRW
Total amount 210 000 000 000 KRW
Next Coupon 04/13/2027 ( In 169 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.

An insightful review of the bond identified by ISIN KR354415GB46 highlights a key offering from the Korea Housing Finance Corporation, which is a vital public institution established by the South Korean government under the Korea Housing Finance Corporation Act primarily responsible for stabilizing the nation's housing finance market by providing long-term, fixed-rate mortgage loans (such as the Bogeumjari Loan), facilitating reverse mortgages, offering credit guarantees for housing finance, and securitizing mortgage-backed securities, thereby playing a crucial role in promoting public welfare and financial stability within the country; this specific debt instrument, originating from South Korea and denominated in Korean Won (KRW), currently trades at its par value of 100% in the market, featuring an annual interest rate of 2.365% with a single payment frequency per year, and is structured to reach its maturity on April 13, 2031, carrying a substantial total issue size of KRW 210,000,000,000, with individual participation possible from a minimum purchase size of KRW 10,000, making it an accessible yet significant fixed-income asset for investors seeking exposure to the South Korean financial landscape through a government-affiliated entity.
DateClean price
08/07/2024100.00%
07/09/2024100.00%
07/08/2024100.00%
09/03/2023100.00%