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Published on 3/18/2024 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

S&P rates Korea Housing notes AAA

S&P said it assigned its AAA rating to the series 2024-3 covered bonds issued by Korea Housing Finance Corp. under its $15 billion global covered bond program.

Series 2024-3 covered bonds are €500 million of fixed-rate, five-year bonds, with a hard bullet principal repayment profile.

At the same time, the agency said it affirmed the AAA rating on its outstanding series and on KHFC's $15 billion global covered bond program.

The outlook is stable.


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