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Cover pool

The cover pool consists to more than 90% of residential mortgage loans.

Loan-to-value calculation as defined by the Association of Swedish Covered Bond Issuers www.ascb.se

ECBC Covered Bond Label

Swedbank Mortgage is a member of the ECBC Covered Bond Label Initiative. The labelled covered bonds issued by Swedbank Mortgage can be found on the ECBC Covered Bond Label website.

ECBC Covered Bond Label

Harmonised transparency templates, HTT

PDF

Excel

Cover pool data

Cover pool
 Jun 2026Mar 2026Dec 2025Oct 2025Jun 2025Mar 2025
Total assets in the cover pool, SEKbn1 115.31 114.11 122.71 110.71 107.51 115.4
Number of borrowers964 545967 663973 039980 135985 793991 565
Number of properties655 848657 488660 821665 261669 006672 845
Average loan size, SEK695 607691 828691 488688 884686 465684 126
Number of loans outstanding1 573 3141 570 0541 573 7571 577 4971 580 0571 581 003
Over-collateralisation level164%177%179%182%188%186.5%
Weighted Average LTV (property level)53%53%52% 52%52%52%
Average seasoning, months878786 858484
Type of loans in the pool
 Jun 2026Mar 2026Dec 2025Oct 2025Jun 2025Mar 2025
Residentials92.8%92.1%91.5%92.4%92.3%91.4%
of which Single-family housing56.9%56.6%56.1%56.8%56.7%56.1%
of which Tenant owner rights23.9%23.6%23.5%23.6%23,6%23.3%
of which Tenant owner associations7.7%7.6%7.5%7.5%7.5%7.4%
of which Multi-family housing4.3%4.3%4.4%4.5%4.5%4.6%
Public0.2%0.2%0.2%0.2%0.2%0.3%
Commercial0.7%0.7%0.7%0.7%0.8%0.8%
Forest & Agricultural4.4%4.5%4.5%4.5%4.6%4.5%
Geographic distribution (more granular in PDF)
 Jun 2026Mar 2026Dec 2025Oct 2025Jun 2025Mar 2025Dec 2024
North6.8%6.8%6.7%6.7%6.8%6.8%6.8%
Middle (including Stockholm)45.9%45.6%45.7%45.6%45.5%45.2%45.1%
South (including Gothenburg and Malmoe)47.3%47.6%47.6%47.7%47.7%48.0%48.1%
Interest rate fixings
(distribution by refixing period as percentage of total cover pool)Jun 2026Mar 2026Dec 2025Oct 2025Jun 2025Mar 2025
Fixed interest rate period <= 90 days686666656464
Fixed interest rate period >1Y with reset <=1Y171816161515
Fixed interest rate period >1Y with reset >1Y151518192121
Repayment structure, on property level
 Jun 2026Mar 2026Dec 2025Oct 2025Jun 2025Mar 2025
Amortising77%77%77%77%77%77%
Interest only23%23%23%23%23%23%
Dynamic poolYESYESYESYESYESYES
Non-performing loans¹
(see PDF for split of loans past due 0-60 days)		None NoneNoneNoneNoneNone

¹ Loans past due > 60 days are not eligible for the cover pool

Covered bonds
 Jun 2026Mar 2026Dec 2025Oct 2025Jun 2025Mar 2025
Rating of the Covered bond programme (S&P/Moody's)AAA/AaaAAA/AaaAAA/AaaAAA/AaaAAA/AaaAAA/Aaa
Total outstanding amount, nominal, SEKm¹421 729401 878402 681393 391385 156389 343
Weighted average maturity period39 months39 months37 months38 months40 months35 months
FX distribution - SEK73%74%80%79%78%76%
FX distribution - EUR27%26%20%21%22%24%
FX distribution - USD0%0%0%           0%0%0%
FX distribution - Other0%0%0%           0%0%0%

¹ FX rate as per trade date; Gross outstanding amount, i.e. including intra-Group holdings.

National transparency templates

PDF

Excel

Cover pool data

PDF

Excel