Strategy 2030: Investments to Future-Proof SEB
47
Cover pool characteristics: mortgages mainly in three largest
and fastest growing city areas in Sweden
Type of loans
Interest rate type
Geographical distribution
Residential
apt bldgs,
21%
Single
family,
Fixed rate.
reset
2y<5y,
15%
Fixed rate reset =>5y, 1%
Larger regional
cities, 36%
Stockholm
region, 41%
Tenant
Floating
(3m), 52%
52%
owned
apartments,
28%
Fixed rate
reset <2y,
32%
Malmö-
region,
8%
Gothenburg
region, 15%
LTV distribution
>75%
0%
>25%<75%
70-75%
1%
Prior ranking loans
of property 0.3%
60-70%
3%
value
50-60%
6%
<25% of
40-50%
9%
property
4.6%
30-40%
14%
value
20-30%
19%
10-20%
23%
No prior
ranks
0-10%
26%
Note: Distribution in different LTV buckets based on exact order of priority for the individual mortgage
deeds according to the Association of Swedish Covered Bond Issuers (www.asbc.se)
Interest payment frequency
Quarterly
Monthly
95.1%
21%
79%
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