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  • KHFC issues US$500m worth covered bonds
    KHFC issues US$500m worth covered bonds
      The Korea Housing Finance Corp. announced on Oct. 11 that it has issued covered bonds worth US$500 million overseas.The maturity rate of the securities backed by public sector loans or mortgage is five years at 2 percent interest rate, 0.85 percent higher than the five-year US government bond, the lowest for overseas bonds issued by a public corporation, according to KHFC. By Hwang You-mee (glamazon@heraldcorp.com...
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KHFC issues US$500m worth covered bonds

Oct. 11, 2016 - 14:11 By 황유미
[THE INVESTOR]  The Korea Housing Finance Corp. announced on Oct. 11 that it has issued covered bonds worth US$500 million overseas.

The maturity rate of the securities backed by public sector loans or mortgage is five years at 2 percent interest rate, 0.85 percent higher than the five-year US government bond, the lowest for overseas bonds issued by a public corporation, according to KHFC.

By Hwang You-mee (glamazon@heraldcorp.com)
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