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 26.5bn (EUR 3.6bn equivalent)||DKK 116.3bn (EUR15.6bn equivalent)||DKK 42.4bn (EUR 5.7bn equivalent)|
|Number of loans||49,418||96,270||3,875|
|Substitution collateral||DKK 0 billion||DKK 0 billion||DKK 0 billion|
|Property type||92.3% Owner-occupied,|
7.53% Holiday Housing
16.54% Housing Cooperatives,
4.21% Holiday Housing
5% Housing Cooperatives,
23.67% Rental Housing,
6.32% Agriculture, Forestry, Horticulture,
|WA seasoning||9.47 years||4.14 years||2.15 years|
|WA remaining term||20.35 years||23.16 years||2.76 years|
|Rate type||98.14% Floating, 1.86% Fixed||66.92% Floating, 33.07% Fixed||54.56% Floating, 45.44% Fixed|
|Geographical location||100% Denmark||21.81% Sweden, 78.19% Norway||48.78% Sweden, 51.22% Norway|
|OC at cut-off date||9.42% (2% committed)||19.87% (2% committed)||26.32% (2% committed)|
|Number of loans in arrears|
|Current balance in arrears||DKK 0||DKK 0||DKK 0|
|Cut-off date||30 September 2018||30 September 2018||30 September 2018|