SpareBank 1 Boligkreditt (Spabol) is a Norwegian covered bond issuer jointly owned by the saving banks working closely together under the SpareBank 1 brand. The cover pool consists of high quality single family Norwegian residential mortgages, as well as liquid assets. Learn more


Norway - Key Facts

Stavanger, June 12, 2018: SpaBol issued a 5 year EUR denominated covered bond at MS+2. Arrangers were BNP, Danske, Commerzbank and Unicredit

Stavanger, January 23, 2018:  SpaBol issued an inaugural green bond, tenor 7 years, spread MS-6.  Arrangers ING, DB, Unicredit and Natixis

Stavanger, November 6, 2017: SpareBank 1 Boligkreditt issued an inaugural £500 million covered bond in the FRN format at 27 bps over sterling LIBOR. The bond has a 5 year expected maturity.  Arrangers were Natwest Markets, Credit Suisse and HSBC.

Stavanger, October 23, 2017: Fitch has withdrawn its rating for SpareBank 1 Boligkreditt's covered bonds following an earlier request to do so from the issuer for commercial reasons. The covered bonds were rated AAA at the time of withdrawal with a stable outlook.  Moody's rating at Aaa (stable outlook) remain. 

 

See below for Sparebank 1 Boligkreditt's financial calendar.
Q1
  • 04.02.18 annual and 4th quarter 2018
Q2
  • 02.05.19 1st quarter financial report 2019
Q3
  • 05.08.19 second quarter 2019
Q4
  • 22.10.19 3rd quarter financial report 2019

SpareBank 1 Boligkreditt's Covered Bond Ratings:

Moody's: Aaa
 

Download Latest Moody's Report (PDF)

Learn more (link to Moody’s)

 

See below for Sparebank 1 Boligkreditt's financial calendar.
Q1
  • 04.02.18 annual and 4th quarter 2018
Q2
  • 02.05.19 1st quarter financial report 2019
Q3
  • 05.08.19 second quarter 2019
Q4
  • 22.10.19 3rd quarter financial report 2019

update pending

See below for Sparebank 1 Boligkreditt's financial calendar.
Q1
  • 04.02.18 annual and 4th quarter 2018
Q2
  • 02.05.19 1st quarter financial report 2019
Q3
  • 05.08.19 second quarter 2019
Q4
  • 22.10.19 3rd quarter financial report 2019
Covered Bond

SpareBank 1 Boligkreditt is a labelled covered bond issuer. Details of the label and information on SpareBank 1 outstanding covered bonds are available on the European Covered Bond Council (ECBC) covered bond label webpage:
www.coveredbondlabel.com


Stavanger, June 12, 2018: SpaBol issued a 5 year EUR denominated covered bond at MS+2. Arrangers were BNP, Danske, Commerzbank and Unicredit

Stavanger, January 23, 2018:  SpaBol issued an inaugural green bond, tenor 7 years, spread MS-6.  Arrangers ING, DB, Unicredit and Natixis

Stavanger, November 6, 2017: SpareBank 1 Boligkreditt issued an inaugural £500 million covered bond in the FRN format at 27 bps over sterling LIBOR. The bond has a 5 year expected maturity.  Arrangers were Natwest Markets, Credit Suisse and HSBC.

Stavanger, October 23, 2017: Fitch has withdrawn its rating for SpareBank 1 Boligkreditt's covered bonds following an earlier request to do so from the issuer for commercial reasons. The covered bonds were rated AAA at the time of withdrawal with a stable outlook.  Moody's rating at Aaa (stable outlook) remain. 

 

SpareBank 1 Boligkreditt's Covered Bond Ratings:

Moody's: Aaa
 

Download Latest Moody's Report (PDF)

Learn more (link to Moody’s)

 

update pending

See below for Sparebank 1 Boligkreditt's financial calendar.
Q1
  • 04.02.18 annual and 4th quarter 2018
Q2
  • 02.05.19 1st quarter financial report 2019
Q3
  • 05.08.19 second quarter 2019
Q4
  • 22.10.19 3rd quarter financial report 2019

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