Develop the Primary Mortgage Market Provide financial resources to enable primary lenders to grant more loans at fixed/hybrid rates and for longer tenures. Prepare PMLs for BASEL II compliance by narrowing the gap between the maturity structure of the housing loans and the source of funds. Ensure loan standardization across primary lending institutions which is necessary for any future securitization. Develop the Capital Market Provide more private debt securities (Bonds) with different maturities and rates for investment of surplus funds. Promote ABS as a tool for raising funds from the capital market. Create a Yield Curve to serve as a benchmark for other institutions