Securitisation

Securitisation is a financial technique in which financial assets such as loans are used as collateral backing for issuing credit linked notes or credit default swaps. Illiquid assets are thereby turned into tradable, liquid assets, and credit risk can be transferred to the capital markets.



Securitisation is a cost-effective way for banks to hedge credit risk on loan portfolios and thus reduce risk weighted assets.

Danske Bank uses securitisation to manage risk and capital ratios. The first transaction was made in December 2005.

In 2007 Danske Bank entered into a number of public and private securitisation transactions as part of the funding package financing the Sampo Bank acquisition.

Public transactions
You can read more about our transactions in the reports listed below.

Redeemed transactions

Mermaid 2007-1 (January 2010): Download pool report incl. early redemption report (219KB)

Prime Bricks 2008-1: Available on www.kfw.de (search by name)

Prime Bricks 2007-1: Available on www.kfw.de (search by name)

Provide Bricks 2007-1: Available on www.kfw.de (search by name)

Provide Bricks 2005-1: Available on www.kfw.de (search by name)

Archive (previous reports)

Mermaid 2007-1 (October 2009): Download pool report (113 KB)

Mermaid 2007-1 (July 2009): Download pool report (41 KB)

Mermaid 2007-1 (April 2009): Download pool report (41 KB)

Mermaid 2007-1 (January 2009): Download pool report (42 KB)

Mermaid 2007-1 (October 2008): Download pool report (41 KB)

Mermaid 2007-1 (July 2008): Download pool report (41 KB)

Mermaid 2007-1 (April 2008): Download pool report (41 KB)

Mermaid 2007-1 (January 2008): Download pool report (41 KB)

Mermaid 2007-1 (October 2007): Download pool report (40 KB)

Mermaid 2007-1 (July 2007): Download pool report (40 KB)

Last updated on 9 April 2010