Sparebanken Ost · OSL:SPOG
Sparebanken Ost — Sparebanken Øst Boligkreditt AS — Debt Investor Presentation (June 2018)
6 slides from Sparebanken Ost's debt investor presentation, Jun 30, 2018
Slide 1: Sparebanken Øst Boligkreditt AS Investor presentation
Sparebanken Øst Boligkreditt AS Investor presentation 30.06.2018
Slide 2: Summary Q2-2018
SUMMARY Q2-2018 • 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 13.1 billion, issued CB’s NOK 11.7 billion: OC 12 % • Average LT
Slide 3: Overcollateralization
OVERCOLLATERALIZATION RESIDENTIAL MORTGAGES INCL. SUBSTITUTE COLLATERAL COVERED BONDS OVERCOLLATERALIZATION Q4-16 9.409.134 8.164.360 15 % Q1-17 11.329.739 9.982.670 13 % Q2-17 11.099.205 9.678.870 15 % Q3-17 10.983.980 9.673.650 14 % Q4-17 10.896.330 9.680.217 13 % Q1-18 12.730.351 11.182.460 14 %
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 44.9 % Geography Asset type Property type 3% Akershus Aust-Agder Buskerud Finnmark Hedmark 27 % Hordaland Residential assets Detached
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 % NO0010682099 SPOBK08 FRN 10.06.13 11.06.19* NOK 51 NIB3+42 NO0010703051 SPOBK09 FIXD 05.02.14 05.02.21* NOK 600 3,05 % NO0010709124 SPOBK10 FRN 03.04.14 03.
Slide 6: Sparebanken Øst Boligkreditt AS contact details
Sparebanken Øst Boligkreditt AS Phone:+47 915 03220 P.O. Box 67 3301 Hokksund Norway www.oest.no spobk@oest.no CEO: Vegard Kvamme vegard.kvamme@oest.no
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