Brussels, 12 June 2019 – For immediate release
Commenting on this development, Luca Bertalot, Covered Bond Label Foundation Administrator, said:
“We are delighted to welcome Korea Housing Finance Corporation as the first Korean issuer to join the Covered Bond Label family. This addition reinforces the presence of the Covered Bond Label in Asia and demonstrates the global commitment of the market participants to transparency through the implementation of the Harmonised Transparency Template (HTT).”
Mr. Ha Won JEONG, the CFO of Korea Housing Finance Corporation, said:
“As one of the leading Asian covered bond issuers, Korea Housing Finance Corporation is pleased to join the Covered Bond Label and to participate in the initiative to improve and harmonize the transparency standards across the covered bonds globally. We hope to strengthen our relationships in the covered bond world through the transparency in the information being made available to investors, regulators and other market participants.”
The Covered Bond Label is a quality label, the purpose of which is to highlight the security and quality of covered bonds to investors and to further enhance recognition of and trust in the covered bond asset class.
The Covered Bond Label is open to all covered bond programmes that are compliant with the Covered Bond Label Convention and disclose their data by publishing the Harmonised Transparency Template (HTT). More information on all labelled issuers and the Label itself can be found on the Covered Bond Label website at www.coveredbondlabel.com.
This Press Release is available on the Covered Bond Label website here.