Korea Housing Finance Corporation (KHFC) has become the first domestic institution to issue a social covered bond denominated in British pounds, raising £500 million (approximately ₩1 trillion). The bond issuance aims to bolster the KHFC’s Environmental, Social, and Governance (ESG) initiatives. Proceeds will be allocated to socially responsible projects, aligning with global sustainability goals. This marks a significant step for KHFC in diversifying its funding sources and attracting international investors. The issuance demonstrates Korea’s commitment to sustainable finance and responsible investment. Analysts predict this move will encourage further ESG-focused bond offerings from Korean entities. The bond was successfully placed with a diverse group of international investors, indicating strong demand for Korean ESG assets.