S. Korea's mortgage-backed securities issuance falls in Q1
SEOUL, April 29 (Xinhua) -- South Korea's issuance of mortgage-backed securities (MBS) fell in double digits in the first quarter due to lower demand for government-backed mortgage loans, financial watchdog data showed Monday.
The sale of the MBS, issued by the state-run Korea Housing Finance Corp. to securitize mortgage loans, amounted to 5.9 trillion won (4.3 billion U.S. dollars) in the January-March quarter,