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



Older presentations and investor material can be found in the Archive

Issuer Rating

On August 26th, 2019 S&P Global Ratings (S&P) published its annual Full Analysis on the Mortgage Society of Finland. The issuer credit rating is ‘BBB’ for long-term and ‘A-2’ for short-term, with stable outlook.

The above documents are not for redistribution unless otherwise permitted.

Covered Bond Rating

On September 4, 2019 S&P Global Ratings (S&P) affirmed its ‘AAA’ credit ratings on Hypo’s covered bonds with stable outlook. The affirmation follows an assessment of counterparty risk associated with the transactions based on S&P’s revised counterparty risk criteria published in March 2019.

The above documents are not for redistribution unless otherwise permitted.

Other Material