Founded in 1997 and headquartered in Hong Kong, the Hong Kong Mortgage Corporation Ltd. (HKMC) aims to promote the stability of the Hong Kong mortgage market through its various initiatives. The company primarily offers mortgage-backed securitization, mortgage insurance, and other related financial products to enhance the accessibility and affordability of housing.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
HKMC first began issuing bonds in 1999 to support its mortgage-backed securities, establishing itself as a notable player in the bond market. Noteworthy issuances include the launch of the HKMC's debut bond of HK$7.5 billion in 2003, which was significant in enhancing liquidity in the local market. As of 2023, HKMC bonds are recognized for their attractive yields compared to other fixed-income options, benefiting from strong credit ratings and features like callable options, appealing to a broad range of retail investors.