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 March 29, 2019

Cover pool (mkr)                                                            226 822
Retail Mortgages (mkr)                                                             216 322
Substitute Collateral (mkr)                                                               10 500
OC, nominal, current level:   28,60%
weighted average Max-LTV:                                                               59,0%
FX-risk:                                                                         0
Number of loans:                                                            388 225
Number of borrowers:                                                             171 382
Number of properties:                                                             171 250
Average Loan size (kr):                                                            557 208
Substitute collateral (mkr):                                                            10 500   

Swedish covered bonds AAA/Aaa  (mkr)

           10 500    100%
Swedish government bonds (mkr)            0 0%
Collateral: Private homes only in Sweden
Single-family homes (mkr) 155 806 72%
Tenant-owned apartments (mkr) 56 116 26%
Vacation homes (mkr) 4 399 2%
Total (mkr) 216 322 100%
Weighted average Max-LTV, %, Collateral
Single-family homes  (mkr) 58%
Tenant-owned apartments (mkr) 62%
Vacation homes (mkr) 52%
Remaining interest-rate fixing period
0-3 m (mkr) 138 591 64%
3 mån - 1 yr (mkr) 1 916 1%
1-3 yr (mkr) 55 685 26%
3-5 yrs (mkr) 17 991 8%
>5 yrs (mkr) 2 140 1%
Total (mkr) 216 322 100%
Average seasoning (months)   59,0
0-12 m (mkr) 39 412    18%
12-24 m (mkr) 35 099    16%
24-36 m (mkr) 24 928    12%
36-60 m (mkr) 39 669    18%
> 60 m (mkr) 77 215    36%
Total  (mkr) 216 322 100%
LTV-distribution, %, by-start-LTV (ASCB)
0-10%  (mkr) 42 760 20%
11-20%  (mkr) 39 850 18%
21-30%  (mkr) 36 391 17%
31-40%  (mkr) 32 446 15%
41-50%  (mkr) 27 498 13%
51-60%  (mkr) 20 620 10%
61-70%  (mkr) 12 751 6%
71-75%  (mkr) 4 005 2%
Total (mkr) 216 322 100%
Distribution of interest-rate type, %
Floating (mkr) 140 597 65%
Fixed 2 - 5 år (mkr) 59 876 28%
Fixed 5 år och mer (mkr) 15 849 7%
Total (mkr) 216 322 100%
Interest-payment frequency, %
Monthly (mkr) 211 293 98%
Quarterly (mkr) 5 029 2%
Total (mkr) 216 322 100%
Amortisation, %
Amortering (mkr) 112 537 52%
Interest only (mkr) 103 785 48%
Total:  (mkr) 216 322 100%
Geograpic distribution, %
Greater Stockholm (mkr) 32 934 15%
Gothenburg (mkr) 19 221 9%
Greater Malmoe (mkr) 7 864 4%
Southern Sweden (mkr) 22 995 11%
West of Sweden (mkr) 50 980 24%
East of Sweden (mkr) 49 388 23%
North Sweden (mkr) 32 940 15%
Outside Sweden (mkr)    
Total (mkr) 216 322 100%
Prior ranks, %
No prior ranks (mkr) 204 493 95%
Prior ranks (mkr) 11 830 5%
Total (mkr) 216 322 100%
Impaired loans: None
Dynamic pool: Yes
Credit quality past due, share of loan volume, %
1-30 days (mkr) 0,10 0,00%
31-60 days (mkr)    
> 61 days (mkr)    
Total (mkr) 0 0,00%
Loan distribution, %
< SEK 500 000  10 587 5%
SEK 500 000 kr -1 M 31 601 15%
SEK 1-1,5 M 43 511 20%
SEK 1,5-2,5 M 72 946 34%
SEK 2,5-5 M 53 031 25%
> SEK 5 M 4 647 2%
Total 216 322 100%