ECBC Covered Bond Label
Covered bonds issued by Danske Bank A/S from cover pool D, I and C are certified with the Covered Bond Label from the European Covered Bond Council (the ECBC).
The introduction of the ECBC's Covered Bond Label in December 2012 increased the transparency of covered bonds. On the basis of templates that are standardised at the national level, detailed information is displayed about cover pools and the national regulations for covered bonds.
The tables below contain information on collateral in Cover Pool D, Cover Pool I and Cover Pool C.
You can download detailed information in the table "Download historical cover pool information" at the bottom.
|Cover pool characteristics||Cover pool D||Cover pool I||Cover pool C|
|Pool notional||DKK 33.8 billion (EUR 4.5 billion equivalent)||DKK 116.7 billion (EUR 15.7 billion equivalent)||DKK 61.4 billion (EUR 8.2 billion equivalent)|
|Number of loans||60,183||112,222||6,259|
|Substitution collateral||DKK 0 billion||DKK 0 billion||DKK 0 billion|
|Property type||100% owner-occupied||83% owner-occupied, 17% housing cooperatives||8% Agriculture, Forestry, Horticulture, |
15% Industrial, 4% Cooperative Housing,
26% Rental Housing, 41% Retail, 5% Other
|WA seasoning||8.5 years||4.3 years||1.8 years|
|WA remaining term||21.5 years||29.0 years||3.3 years|
|Rate type||Floating rate||Floating rate||Floating rate|
|Geographical location||100% Denmark||37% Sweden, 63% Norway||70% Sweden, 30% Norway|
|OC at cut-off date||14.00%||12.10%||27.2%|
|Number of loans in arrears|
|Current balance in arrears||DKK 0||DKK 0||DKK 0|
|Cut-off date||31 March 2017||31 March 2017||31 March 2017|