Thailand's dominant mortgage originator, Government Housing Bank, is reportedly turning its attention to Korean investors for a THB30 billion ($789 million) proposed securitization scheme.

According to local media, GHB is lining up Standard Chartered First Bank - Korea's benchmark cross-border MBS issuer - to lead manage the program, possibly for sale in the domestic Korean market. Presumably, GHB wants to use Standard Chartered's (SCFB's parent) ex-Japan Asia securitization team for structuring.

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