Sparebanken Ost · OSL:SPOG
Sparebanken Ost — Sparebanken Øst Boligkreditt AS — Debt Investor Presentation (June 2022)
6 slides from Sparebanken Ost's debt investor presentation, Jun 30, 2022
Slide 1: Sparebanken Øst Boligkreditt AS Investor presentation
Sparebanken Øst Boligkreditt AS Investor presentation 30.06.2022
Slide 2: Summary Q2-2022
SUMMARY Q2-2022 • 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 19.7 billion, issued CB’s NOK 16.8 billion: OC 17 % • Average LT
Slide 3: Overcollateralization
OVERCOLLATERALIZATION RESIDENTIAL MORTGAGES INCL. SUBSTITUTE COLLATERAL COVERED BONDS OVERCOLLATERALIZATION Q4-20 17.999.074 16.127.220 12 % Q1-21 19.624.224 17.287.425 14 % Q2-21 20.443.164 18.385.833 11 % Q3-21 20.479.719 18.378.962 11 % Q4-21 20.314.030 18.332.573 11 % Q1-22 20.931.625 18.803.575
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 43.8 % Property type Geography Asset type 2% Viken Agder Troms og Finnmark 26 % Residential assets Innlandet 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 % NO0010814031 SPOBK14 FRN 15.01.18 15.06.23* NOK 2 500 NIB3+43 NO0010836828 SPOBK15 FIXD 28.11.18 28.11.30* NOK 400 2,78 % NO0010841034 SPOBK16 FRN 15.01.19
Slide 6: Sparebanken Øst Boligkreditt AS contact details
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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