Thursday, September 1, 2016

Fitch Affirms Korea Housing Finance Corporation at 'AA-'/Stable

(The following statement was released by the rating agency)

HONG KONG, September 01 (Fitch) Fitch Ratings has affirmed Korea

Housing Finance

Corporation's (KHFC) Long-Term Foreign-Currency Issuer Default

Rating (IDR) at

'AA-' and Short-Term Foreign Currency IDR at 'F1+'. The Outlook

on the Long-Term

IDR is Stable.

The IDRs were affirmed because of KHFC's legal status as

quasi-government

financial institution acting as a policy arm of the government,

100% direct and

indirect ownership by the

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