South Korea's LH Raises 710 Trillion Won in H1 2026, Up 190% Year-on-Year

According to Yonhap Infomax, South Korea's Korea Land and Housing Corporation (LH) issued 710.3 trillion won in bonds in the first half of 2026, a 190% increase from 245.1 trillion won in the same period of 2025. Net issuance reached 545.6 trillion won, marking a shift from net repayment in the prior year. The bond issuance limit was expanded from approximately 15 trillion won to 20 trillion won for 2026 to support third new city development and rental housing construction.

To manage market supply pressure, LH diversified its funding channels, including structured bonds worth 1.2 trillion won in H1 2026, committed commercial paper (CP), and long-term bonds. The company also distributed maturities across 3-year, 5-year, 10-year, and 20-30 year tranches to reduce refinancing risk.