Bank of Åland Covered Bonds

Bank of Åland grants long term loans to Finnish households, housing companies and corporates. Loans are used as collateral in the cover pool in Bank of Åland, Cover Pool FIN. All loans in the Bank of Åland cover pools are secured by Finnish mortgages and tenant-owner units. Bank of Åland is licensed by the Finnish Financial Supervisory Authority to issue covered bonds according to the Finnish Covered Bond Act.

Bank of Åland is committed to an overcollateralization clearly over the legislative minimum of 2 %. Overcollateralization is kept on a level that allows the maximum uplift of 4 notches in S&P rating framework* or an AAA rating on the covered bonds.

Bank of Åland is committed to maintain a liquidity buffer covering 180 days of contractual outflows from the covered bonds issued. The liquidity buffer consists of contractual inflows and liquid assets in the cover pool.

*Standard&Poors: Covered Bonds Criteria 9.12.2014

Data Q2 2022

Cover pool FIN and covered bond data (excel file)

Data Q1 2022

Cover pool FIN and covered bond data (excel file)

Presentation

Debt Program Documentation

Data Q4 2021

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q3 2021

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q2 2021

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q1 2021

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q4 2020

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q3 2020

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q2 2020

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q1 2020

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q4 2019

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q3 2019

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q2 2019

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q1 2019

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q4 2018

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q3 2018

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q2 2018

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q1 2018

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q4 2017

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q3 2017

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q2 2017

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Data Q1 2017

Cover pool FIN and covered bond data (excel file)

Cover pool SWE and covered bond data (excel file)

Covered bond legislation

Finnish Financial Supervisory Authority Regulations Finnish Covered Bonds Act

Contact

Maria Rissanen, Head of Group Treasury, +358 20 4293683