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’.


 Investor Presentations

Covered Bond Investor Material

Issuer Rating

On September 13th, 2018 S&P Global Ratings (S&P) affirmed the ‘BBB’ long-term and the ‘A-2’ short-term issuer credit ratings, with stable outlook.

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Covered Bond Rating

On March 13, 2019 S&P Global Ratings (S&P) affirmed a ‘AAA’ (st.) long-term issue credit rating to the EUR 300 million covered bond issuance on the same date, and affirmed the ‘AAA’ (st.) ratings of the outstanding covered bonds issued earlier.

The above documents are not for redistribution unless otherwise permitted.

Other Material