Cover pools

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.

For further information, see ECBC's website CoveredBondLabel.com for general information or the issuer specific information on Danske Bank A/S.

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 D - Characteristics
Pool notional DKK 38.1 billion (EUR 5.1 billion equivalent)
Number of loans 67,714
Substitution collateral
DKK 0 billion
Property type 100% owner-occupied
WA LTV 57.3%
WA seasoning 7.9 years
WA remaining term 22.0 years
Rate type Floating rate
Geographical location 100% Denmark
OC at cut-off date 12.85%
Number of loans in arrears (>30 days) 0
Current balance in arrears DKK 0
Cut-off date 30-06-2016
 
 
Cover Pool I - Characteristics
Pool notional DKK 125.4 billion (EUR 16.8 billion equivalent)
Number of loans 130,535
Substitution collateral
DKK 0 billion
Property type 75% owner-occupied, 25% housing cooperatives
WA LTV 56.5%
WA seasoning 4.1 years
WA remaining term 31.7 years
Rate type Floating rate
Geographical location 47% Sweden, 53% Norway
OC at cut-off date 12.45%
Number of loans in arrears (>30 days) 0
Current balance in arrears DKK 0
Cut-off date 30-06-2016
 
 
Cover Pool C - Characteristics
Pool notional DKK 53.9 billion (EUR 7.2 billion equivalent)
Number of loans 6,438309

Substitution collateral

DKK 0 billion
Property type 10.0% Agriculture, Forestry, Horticulture, 16% Industrial,  4% Cooperative Housing, 22% Rental Housing, 44% Retail, 4% Other
WA LTV 60.6%
WA seasoning 1.9 years
WA remaining term 3.8 years
Rate type Floating rate
Geographical location 70% Sweden, 30% Norway
OC at cut-off date 25.9%
Number of loans in arrears (>30 days) 0
Current balance in arrears DKK 0
Cut-off date 30-06-2016

 

Download ECBC information for Cover Pool D
​​​ECBC Covered Bond Label template - Q2 2016 Pool D (Excel 2003)
​​ECBC Covered Bond Label template - Q1 2016 Pool D (Excel 2003)
ECBC Covered Bond Label template - Q4 2015 Pool D (Excel 2003)
ECBC Covered Bond Label template - Q3 2015 Pool D (Excel 2003)​

 

Download ECBC information for Cover Pool I
​​ECBC Covered Bond Label template - Q2 2016 Pool I (Excel 2003)
ECBC Covered Bond Label template - Q1 2016 Pool I (Excel 2003)
​​ECBC Covered Bond Label template - Q4 2015 Pool I (Excel 2003)
ECBC Covered Bond Label template - Q3 2015 Pool I (Excel 2003)​

 

Download ECBC information for Cover Pool C
​​ECBC Covered Bond Label template - Q2 2016 Pool C (Excel 2003)​
ECBC Covered Bond Label template - Q1 2016 Pool C (Excel 2003)​
ECBC Covered Bond Label template - Q4 2015 Pool C (Excel 2003)​
ECBC Covered Bond Label template - Q3 2015 Pool C (Excel 2003)​

 


Last updated 18 August 2016
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If you have any questions about our covered bond programme, please contact us.

See contact information​​​
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