Cover Pool

Collateral comprises only private homes, including single-family homes, tenant-owned apartments and, to a marginal extent vacation homes. Lending only takes place in Sweden and the geographic distribution in Sweden is well-allocated. All lending is in SEK and all foreign currency is swapped to SEK.

Länsförsäkringar Hypotek gives information in accordance with the ECBC "The Covered Bond Label", a common standard for increased transparency in the European covered bond market.

Read more about The Covered Bond Label

Cover pool September 28, 2018

Cover pool SEK 215 660 M
Retail mortgages SEK 205 885 M
Substitute collateral SEK 9 775 M
OC, nominal, current level  33,42 %
Weighted average Max-LTV¹ 58,0 %
FX-risk 0
Number of loans 377 426
Number of borrowers 166 585
Number of properties 166 439
Average loan size SEK 545 497
Substitute collateral SEK 9 775 M
Swedish covered bonds AAA/Aaa SEK 9 775 M 100 %
Swedish government bonds SEK 0 M 0 %
Collateral: Private homes only in Sweden
Single-family homes SEK 148 452 M 72 %
Tenant-owned apartments SEK 53 180 M 26 %
Vacation homes SEK 4 253 M 2 %
Total SEK 205 885 M 100 %
Weighted average Max-LTV, %, Collateral
Single-family homes 57 %
Tenant-owned apartments 62 %
Vacation homes 52 %
Remaining interest-rate fixing period
0-3 m SEK 149 447 M 73 %
3 m - 1 yr SEK 1 818 M 1 %
1-3 yrs SEK 35 812 M 17 %
3-5 yrs SEK 16 746 M 8 %
> 5 yrs SEK 2 061 M 1 %
Total SEK 205 885 M 100 %
Average seasoning (months)   58,3
0-12 m SEK 41 387 M 20 %
12-24 m SEK 29 660 M 14 %
24-36 m SEK 24 611 M 12 %
36-60 m SEK 35 735 M 17 %
> 60 m SEK 74 491 M 36 %
Total SEK 205 885 M 100 %
LTV-distribution, %, by-start-LTV (ASCB)
0-10% SEK 41 430 M 20 %
11-20% SEK 38 466 M 19 %
21-30% SEK 34 990 M 17 %
31-40% SEK 31 025 M 15 %
41-50% SEK 26 058 M 13 %
51-60% SEK 19 120 M 9 %
61-70% SEK 11 237 M 5 %
71-75% SEK 3 559 M 2 %
Total SEK 205 885 M 100 %
Distribution of interest-rate type, %
Floating SEK 151 362 M 74 %
Fixed 2 - 5 yrs SEK 39 981 M 19 %
Fixed 5 years and more SEK 14 541 M 7 %
Total SEK 205 885 M 100 %
Interest-payment frequency, %
Monthly SEK 200 497 M  97 %
Quarterly SEK 5 387 M   3 %
Total SEK 205 885 M  100 %
Amortisation, %
Amortisation  SEK 104 451 M 51 %
Interest only SEK 101 434 M 49 %
Total SEK 205 885 M 100 %
Geographic distribution, %
Greater Stockholm SEK 31 450 M 15 %
Gothenburg SEK 18 346 M 9 %
Greater Malmoe SEK 7 349 M 4 %
Southern Sweden SEK 21 318 M 10 %
West of Sweden SEK 48 769 M 24 %
East of Sweden SEK 47 250 M 23 %
North Sweden SEK 31 403 M 15 %
Outside Sweden - 0 %
Total SEK 205 885 M 100 %
Prior ranks, %
No prior ranks SEK 193 192 M 94 %
Prior ranks SEK 12 693 M 6 %
Total SEK 205 885 M 100 %
Impaired loans: None
Dynamic pool: Yes
Credit quality, past due, share of loan volume %
1-30 days SEK 1 M 0.00 %
31-60 days SEK 0 M 0,00 %
> 61 days SEK 0 M 0,00 %
Total SEK 1 M 0.00 %
Loan distribution, %
< SEK 500,000 SEK 10 671 M 5 %
SEK 500,000-SEK 1 M SEK 31 074 M 15 %
SEK 1 M- SEK 1.5 M SEK 42 024 M 20 %
SEK 1.5 M - SEK 2.5 M SEK 69 342 M 34 %
SEK 2.5 M - SEK 5 M SEK 48 492 M 24 %
> SEK 5 M SEK 4 282 M 2 %
Total SEK 205 885 M 100 %

1) According to the "Maximum LTV (loan-to-value) per property" calculation method defined by ASCB (Association of Swedish Covered Bond Issuers) with indexed values.