OPMB Cover Asset Pool Characteristics

Covered bonds issued after 1 Aug. 2010,

under the Finnish Act on Mortgage Credit Banks 680/2010
© OP
 48
OPMB Cover Asset Pool

Main Features of OP Mortgage Bank’s

Cover Asset Pool as of 30 September 2017
Collateralized by Finnish mortgages
Current balance EUR 11.49 billion
Weighted Average indexed LTV of 43%
Average loan size of approximately EUR 50,693
No loans over 90 days in arrears ongoing
Variable interest rates: over 96% of all loans
Hedging agreements in place in order to mitigate interest rate risk
Total amount of covered bonds issued EUR 9.735 billion
© OP
 49
OPMB Cover Asset Pool

OPMB Cover Asset Pool Characteristics

Loans by size
© OP
 50
OPMB Cover Asset Pool

OPMB Cover Asset Pool Characteristics

Loans by LTV

• Total assets
EUR 11.49 billion
• Eligible Cover Pool
assets EUR 11.45
billion
• Weighted average
indexed LTV of 43%
• Over-collateralisation
18.0% (Eligible cover
pool assets)
© OP
 51
OPMB Cover Asset Pool

OPMB Cover Asset Pool Characteristics

Loans by origination year
© OP
 52
OPMB Cover Asset Pool

OPMB Cover Asset Pool Characteristics

Loans by maturity
© OP
 53
OPMB Cover Asset Pool

OPMB Cover Asset Pool

Characteristics
Geographical distribution

1 Southern Finland
2 Western Finland
3 Eastern Finland
4 Oulu region
5 Lapland
6 Åland
© OP
 54
© OP

Source: OP Mortgage Bank Cover Asset Pool, ECBC Harmonised Transparency Template (HTT) as of 30 September 2017
 55
© OP

Source: OP Mortgage Bank Cover Asset Pool, ECBC Harmonised Transparency Template (HTT) as of 30 September 2017
 56
© OP

Source: OP Mortgage Bank Cover Asset Pool, ECBC Harmonised Transparency Template (HTT) as of 30 September 2017
 57
© OP

Source: OP Mortgage Bank Cover Asset Pool, ECBC Harmonised Transparency Template (HTT) as of 30 September 2017
 58
© OP

Source: OP Mortgage Bank Cover Asset Pool, ECBC Harmonised Transparency Template (HTT) as of 30 September 2017
 59
© OP

Source: OP Mortgage Bank Cover Asset Pool, ECBC Harmonised Transparency Template (HTT) as of 30 September 2017
 60
© OP

Source: OP Mortgage Bank Cover Asset Pool, ECBC Harmonised Transparency Template (HTT) as of 30 September 2017
 61
© OP

Source: OP Mortgage Bank Cover Asset Pool, ECBC Harmonised Transparency Template (HTT) as of 30 September 2017
 62
© OP

Source: OP Mortgage Bank Cover Asset Pool, ECBC Harmonised Transparency Template (HTT) as of 30 September 2017