Sparebanken Ost · OSL:SPOG
Sparebanken Ost — Sparebanken Øst Boligkreditt AS — Debt Investor Presentation (March 2021)
6 slides from Sparebanken Ost's debt investor presentation, Mar 31, 2021
Slide 1: Sparebanken Øst Boligkreditt AS Investor presentation
Sparebanken Øst Boligkreditt AS Investor presentation 31.03.2021
Slide 2: Summary Q1-2021
SUMMARY Q1-2021 • 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 19.6 billion, issued CB’s NOK 17.3 billion: OC 14 % • Average LT
Slide 3: Overcollateralization
OVERCOLLATERALIZATION RESIDENTIAL MORTGAGES INCL. SUBSTITUTE COLLATERAL COVERED BONDS OVERCOLLATERALIZATION 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 14 % Q4-20 17.999.074 16.127.220
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 46.7 % Property type Geography Asset type 5% Viken Agder Troms og Finnmark 27 % 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 % NO0010755085 SPOBK11 FRN 12.01.16 16.06.21* NOK 2 000 NIB3+77 NO0010783434 SPOBK13 FRN 01.02.17 15.06.22* NOK 2 500 NIB3+55 NO0010814031 SPOBK14 FRN 15.01.1
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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