Presale: Japan Housing Finance Agency (Series 224) - S&P Global Ratings’ Credit Research

Presale: Japan Housing Finance Agency (Series 224)

Presale: Japan Housing Finance Agency (Series 224) - S&P Global Ratings’ Credit Research
Presale: Japan Housing Finance Agency (Series 224)
Published Dec 15, 2025
18 pages (6500 words) — Published Dec 15, 2025
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Preliminary rating as of Dec. 11, 2025* Preliminary rating Preliminary amount (bil. ¥) Coupon type Legal final maturity date Overcollateralization ratio (%) § AAA (sf) 46.2 Fixed rate Jan. 10, 2061 26.8 Note: This presale report is based on information as of Dec. 15, 2025. The ratings shown are preliminary. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings. Accordingly, the preliminary ratings should not be construed as evidence of final ratings. This report does not constitute a recommendation to buy, hold, or sell securities. *We announced the assignment of our preliminary rating to JHF's series 224 notes on Dec. 11, 2025. This report reflects updated information regarding the receivables pool and the

  
Brief Excerpt:

...S&P Global Ratings has assigned its preliminary '### (sf)' rating to Japan Housing Finance Agency's (JHF) Ñ46.2 billion series 224 fixed-rate residential mortgage-secured pass-through notes and beneficiary certificates (subsequent to a trigger event)....

  
Report Type:

Presale Report

Ticker
JHLCZ@JP
Issuer
Japan Housing Finance Agency
GICS
Thrifts & Mortgage Finance (40102010)
Sector
Global Issuers, Structured Finance
Country
Japan
Region
Asia
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Presale: Japan Housing Finance Agency (Series 224)" Dec 15, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Presale-Japan-Housing-Finance-Agency-Series-224-3494176>
  
APA:
S&P Global Ratings’ Credit Research. (). Presale: Japan Housing Finance Agency (Series 224) Dec 15, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Presale-Japan-Housing-Finance-Agency-Series-224-3494176>
  
US$ 500.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.