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