Bond Korea Home Finance Corp. 3.22% ( KR35443472B0 ) in KRW
| Issuer | Korea Home Finance Corp. |
| Market price | |
| Country | Republic of Korea
|
| ISIN code |
KR35443472B0 ( in KRW )
|
| Interest rate | 3.22% per year ( payment 1 time a year) |
| Maturity | 22/11/2032 |
|
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 | 10 000 000 000 KRW |
| Next Coupon | 22/11/2026 ( In 250 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. This financial article provides a detailed overview of a specific bond instrument, identified by its ISIN code KR35443472B0, issued by the Korea Housing Finance Corporation. The issuer, Korea Housing Finance Corporation (KHFC), is a prominent government-backed financial institution established under the Korea Housing Finance Corporation Act. Headquartered in South Korea, KHFC plays a pivotal role in the nation's housing finance market by facilitating the stable supply of long-term, fixed-rate mortgage loans, providing housing credit guarantees, and contributing to the securitization of mortgage assets through the issuance of mortgage-backed securities (MBS) and other debt instruments. Its primary mission is to enhance the overall stability of household finances and promote a sound housing welfare system within the Republic of Korea, reflecting a strong public policy mandate and often implying a high level of institutional creditworthiness. Delving into the specifics of this particular debt security, it is denominated in Korean Won (KRW) and is currently observed trading at par, indicated by a market price of 100% of its face value. The bond carries a fixed annual interest rate, or coupon, of 3.22%. The total size of this bond issuance amounts to a substantial KRW 10,000,000,000, contributing to its liquidity in the market. Investors interested in this security can acquire it with a minimum purchase size of KRW 10,000. The bond is structured with a maturity date of November 22, 2032, offering a long-term investment horizon, and features interest payments disbursed on an annual frequency. |
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