KHFC steals a march with $500 million covered bond

The state-owned mortgage agency exploits an exemption to tap the covered bond market before Korea's regulator launches a standardised framework.

Nick Ferguson

February 28, 2013

Korea Housing Finance Corporation (KHFC) priced a $500 million covered bond late last night, ahead of new rules that will create a level playing field for would-be issuers.

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Debt
Banks
North Asia

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#covered bonds
#korea
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