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(From Asia Pulse)
SEOUL, Feb 28 Asia Pulse - South Korea's state-run mortgage provider plans to sell mortgage-backed securities (MBS) worth 5 trillion won (US$4.99 billion) this year, its president said Monday.
The figure is up 66 per cent from last year's 3.02 trillion won MBS offering, said Chung Hong-shik, who leads the Korea Housing Finance Corp. (KHFC), in a press briefing.
The corporation floated similar securities worth 408 billion won last week, the first such sale this …