Sparebanken Ost · OSL:SPOG
Sparebanken Ost — Sparebanken Øst Boligkreditt AS — Debt Investor Presentation (September 2021)
6 slides from Sparebanken Ost's debt investor presentation, Sep 30, 2021
Slide 1: Sparebanken Øst Boligkreditt AS Investor presentation
Sparebanken Øst Boligkreditt AS Investor presentation 30.09.2021
Slide 2: Summary Q3-2021
SUMMARY Q3-2021 • 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 20.5 billion, issued CB’s NOK 18.4 billion: OC 11 % • Average LT
Slide 3: Overcollateralization
OVERCOLLATERALIZATION RESIDENTIAL MORTGAGES INCL. SUBSTITUTE COLLATERAL COVERED BONDS OVERCOLLATERALIZATION 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 12 % Q1-21 19.624.224 17.287.425 14 % Q2-21 20.443.164 18.385.833
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 45.8 % Property type Geography Asset type 5% Viken Agder Troms og Finnmark 27 % 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 % NO0010783434 SPOBK13 FRN 01.02.17 15.06.22* NOK 2 500 NIB3+55 NO0010814031 SPOBK14 FRN 15.01.18 15.06.23* NOK 2 500 NIB3+43 NO0010836828 SPOBK15 FIXD 28.11.
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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