[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)
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)
