HKMC mortgage insurance loans decline to $15.5b in H1

Corporate debt issuance rose to $24.8b from $23.3b a year earlier.

The Hong Kong Mortgage Corporation (HKMC) recorded $15.5b in new mortgage insurance loans drawn down in the first half (H1) of the year, down from $17.5b a year earlier.

About 73% of the loans were secured against properties in the secondary market, according to its interim results.

HKMC acquired $2.9b in loan assets during the period, compared with $2.7b in H1 2025.

Loans purchased under the ‘Dedicated 100% Loan Guarantee Schemes’ also increased to $115m from $46m a year earlier.

The outstanding balance of its loan portfolio stood at $74.1b as of 30 June, compared with $78.6b at the end of 2025.

HKMC issued $24.8b in corporate debt during H1, up from $23.3b a year earlier. This included its inaugural digital bond issuance across three tranches denominated in Hong Kong dollars and offshore renminbi, totalling approximately $12b.

Its outstanding debt securities stood at$141.5b as of June, compared with$155.2b at the end of December 2025.