Japan Housing Finance Agency issued ¥188 billion of fixed-rate residential mortgage-secured pass-through notes, S&P Global Ratings said.

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

S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.

As of Dec. 26, US$1 was equivalent to ¥117.14.