- Language: English
- 93 Pages
- Published: April 2011
- Region: Singapore
Temporary Evaluation Conducted Of GHLC's ?190.7 Billion Series 42 Structured Issuance Apr 06
- Published: April 2006
- Standard & Poors
TOKYO (Standard & Poor's) April 20, 2006--Standard & Poor's Ratings Services said today that it had conducted a temporary evaluation of Government Housing Loan Corp.'s (GHLC) -190.7 billion Series 42 fixed-rate residential mortgage-secured pass-through notes, assuming that a preliminary rating will be assigned. The temporary evaluation is based on the potential entrusted receivables. The transaction is expected to have overcollateralization of approximately 8.6% of the total pool (approximately 9.40% of the note balance), which Standard & Poor's considers sufficient for its 'AAA' rating assignment to GHLC notes. The issue amount of the Series 42 notes is expected to be -190.7 billion and the timing of issuance is scheduled for mid May (the exact terms of the notes will be finalized...
Companies mentioned in this report are: Japan Housing Finance Agency
Action: General Comment
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Research type: News
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Japan Housing Finance Agency