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Japan Housing Finance Agency to raise up to ¥180.3B in mortgage-backed notes

Japan Housing Finance Agency plans to raise up to ¥180.3 billion through the issuance of fixed-rate residential mortgage-secured notes, S&P Global Ratings said Dec. 13.

The notes will be backed by a pool of residential mortgage loans that Japan Housing Finance Agency purchased from private-sector financial institutions.

As of Dec. 13, US$1 was equivalent to ¥113.67.

Descriptions of credit ratings in this news article were not prepared by S&P Global Ratings. The original S&P Global Ratings document referred to in this news brief can be found here.