South Korea's MBS issuance fell 35.3% in H1 2021 to 11.4 trillion won due to decreased government-backed mortgage loans.
South Korea's mortgage-backed securities (MBS) issuance fell by 35.3% in the first half of 2021, reaching 11.4 trillion won, due to a decrease in government-backed mortgage loans. The drop in MBS issuance is attributed to high interest rates and household debts. Overall, asset-backed securities (ABS) issuance in South Korea in the first half of the year dropped by 8.2% to 27.5 trillion won.
July 29, 2024
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