Strategy 2030: Investments to Future-Proof SEB
43
Well-balanced long-term funding profile and solid credit rating
Long-term funding by product
SEK 514bn equivalent 6%
8%
25%
Maturity profile
SEK bn
150
11%
Covered bonds SEK
I Covered bonds non-SEK
SEB's credit rating
Rating
Institute
Short term
"Stand-
alone rating"
Long term
Uplift
Outlook
Fitch
F1+
aa-
AA-
0
Stable
Senior unsecured debt
50%
Moody's
P-1
a3
Aa3
3
Stable
Senior non-preferred debt
S&P
A-1
a
A+
1
Stable
Subordinated debt
100
60
10
22
10
19
11
19
10
10
15
50
15
12
Issuance history
SEK bn
150
11
11
100
40
28
34
16
20
10
22
50
20
55
53
54
41
46
9
55
67
81
78
41
52
0
0
<1Y
1-2Y
2-3Y
3-4Y
4-5Y
5-7Y
7-10Y
>10Y
2017
2018
2019
2020
2021
YTD 2022
1 Excluding public covered bonds.
2 Tier 2 and Additional Tier 1 issues assumed to be called at first call date.
SEBView entire presentation