• Investor relations

The Mortgage Society of Finland Group’s (Hypo Group) parent company Hypo is an authorized credit institution. It is a mutual company governed by its member customers. Suomen AsuntoHypoPankki (AHP), Hypo’s wholly-owned subsidiary, is a deposit bank offering customers deposits, credit cards, banking and land trustee services. AHP is a member of the Deposit Guarantee Fund and Investor’s Compensation Fund. Hypo and AHP are monitored by the Finnish Financial Supervisory Authority (FIN-FSA).

Hypo Group’s wholesale funding issuer is the parent company Hypo. Hypo issues senior unsecured, debentures and covered bonds under the joint programme available below.  According to the Finnish Mortgage Credit Bank Act (Laki kiinnitysluottopankkitoiminnasta 16.7.2010/688) the net present value of the total amount of the covered bonds shall continuously exceed by at least 2% the total net present value of the payment liabilities resulting from the covered bonds.  In addition, Hypo is committed to continuously maintain an overcollateralization at a level commensurate with the S&P rating level of ‘AAA’.

 Funding

 Investor Presentations

Covered Bond Investor Material

2020

2019

2018

Older presentations and investor material can be found in the Archive

Issuer Rating

On May 19, 2020 S&P Global Ratings (S&P) changed the trend of economic risk for Finland’s Banking Industry Country Risk (BICRA) to negative due to deepening Covid-19 downside risks. There for the outlook of The Mortgage Society of Finland was also changed from stable to negative. At the same time the issuer credit rating ‘BBB’ for long-term and  ‘A-2’ for short-term were affirmed.

The above documents are not for redistribution unless otherwise permitted.

Covered Bond Rating

On June 3, 2020 S&P Global Ratings (S&P) changed the outlook of Hypo’s covered bonds to negative and affirmed the ‘AAA’ credit rating. The outlook change reflects S&P changing the trend of economic risk for Finland’s Banking Industry Country Risk (BICRA) to negative and therefore changing the outlook of The Mortgage Society of Finland’s rating to negative on May 19, 2020.

The above documents are not for redistribution unless otherwise permitted.

Other Material

 

Contact us

Chief Treasury and Funding Officer
Petteri Bollmann
tel. +358 50 5504 355
petteri.bollmann@hypo.fi

Senior Manager
Outi Wasenius
tel. +358 44 3491 433
outi.wasenius@hypo.fi