Sparebanken Ost · OSL:SPOG
Sparebanken Ost — Sparebanken Øst Boligkreditt AS — Debt Investor Presentation (December 2020)
6 slides from Sparebanken Ost's debt investor presentation, Dec 31, 2020
Slide 1: Sparebanken Øst Boligkreditt AS Investor presentation
Sparebanken Øst Boligkreditt AS Investor presentation 31.12.2020
Slide 2: Summary Q4-2020
SUMMARY Q4-2020 • All loans in cover pool first priority Norwegian residential mortgages • Collateral property valued by independent specialist Eiendomsverdi AS (AVM) • FSA-appointed independent inspector Ernst & Young • Cover pool NOK 18.0 billion, issued CB’s NOK 16.1 billion: OC 12 % • Average LT
Slide 3: Overcollateralization
OVERCOLLATERALIZATION RESIDENTIAL MORTGAGES INCL. SUBSTITUTE COLLATERAL COVERED BONDS OVERCOLLATERALIZATION Q2-19 15.733.097 13.938.757 13 % Q3-19 15.609.504 13.963.038 12 % Q4-19 15.526.876 13.897.069 12 % Q1-20 16.489.173 14.857.273 11 % Q2-20 16.332.224 14.190.360 15 % Q3-20 16.012.389 14.106.723
Slide 4: Cover pool (LTV, Geography, Property type)
COVER POOL (LTV, GEOGRAPHY,PROPERTY TYPE) • All loans in cover pool first priority Norwegian residential mortgages • 100 % floating rent loans • Weighted average LTV 48.3 % Property type Geography Asset type 5% Viken Agder Troms og Finnmark 28 % Innlandet Residential assets Detached house Vestland S
Slide 5: Issued Covered Bonds
ISSUED COVERED BONDS ISIN TICKER INT. ISSUED MATURITY CURR. AMOUNT COUPON Mill. NOK NO0010625908 SPOBK06 FIXD 05.10.11 05.10.26* NOK 750 4,55 % NO0010703051 SPOBK09 FIXD 05.02.14 05.02.21* NOK 300 3,05 % NO0010755085 SPOBK11 FRN 12.01.16 16.06.21* NOK 2 000 NIB3+77 NO0010783434 SPOBK13 FRN 01.02.17
Slide 6: Sparebanken Øst Boligkreditt AS contact
Sparebanken Øst Boligkreditt AS Phone:+47 915 03220 www.oest.no spobk@oest.no CEO: Vegard Kvamme vegard.kvamme@oest.no
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