□ Korea Housing Finance Corporation (HF, CEO Kim Jae-Chun) announced on the 28th that HF would additionally pay interest for holidays on mortgage-backed securities (MBS) if their maturity date falls on a holiday, starting with MBS issued in December.

□ HF has regularly issued MBS on the Friday of the first and third weeks of every month. Therefore, many trenches of MBS, mainly one-year and two-year, have come due on holidays. In such cases, HF excluded interest accruing during the holidays when paying the interest on the following business day, incurring investors' complaints.

□ If MBS comes due on a holiday, HF will pay interest on the following business day, as done currently, but also pay interest accrued during the holiday. This interest payment scheme applies to bonds issued by banks.

□ An HF official said, "This measure is expected to attract more investors for short-term MBS as they are especially eager to get high yields during this prolonged period of low interest rates. HF will continue to actively identify any inconveniences or problems in the system to make needed improvements."