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 can issue senior preferred, subordinated debentures and covered bonds under the joint programme available below. According to the Finnish Covered Bond Act (Act 151/2022, Cover Pool 2), the value of overcollateralisation shall constantly be at least 2% (or 5%, if CRR Art. 129(3)(a)(3) is not fulfilled). And according to the repealed Finnish Mortgage Credit Bank Act (Act 688/2010, Cover Pool 1) the overcollateralisation shall continuously be at least 2%.

In addition, Hypo is committed to continuously maintain an overcollateralisation at a level commensurate with the S&P rating level of ‘AAA’ for both Cover Pool 1 (Act 688/2010) and for Cover Pool 2 (Act 151/2022).

 Funding

• Base Prospectus 2022(Sep) and Final Terms
• Base Prospectus 2022(Feb) and Final Terms
• Base Prospectus 2020 and Final Terms
• Base Prospectus 2019 and Final Terms
• Base Prospectus 2018 and Final Terms
• Base Prospectus 2017 and Final Terms
• Base Prospectus 2016 and Final Terms
• Base Prospectus 2015 and Final Terms
• Base Prospectus 2014 (in Finnish only)

 Investor Presentations

• Credit Update 1Q2023
• Credit Update 4Q2022
• Credit Update 3Q2022
• Credit Update 2Q2022
• Credit Update 1Q2022
• Credit Update 4Q2021
• Credit Update 3Q2021
• Credit Update 2Q2021
• Credit Update 1Q2021

Covered Bond Investor Material

2023

• Investor Update, Copenhagen (May 2023)
• Covered Bond Transparency Report as at 31.3.2023
• Hypo Cover Pool 1, ECBC Harmonised Transparency Template (HTT) as at 31.3.2023
• Hypo Cover Pool 2, ECBC Harmonised Transparency Template (HTT) as at 31.3.2023
• Roadshow Investor Update (March 2023)

2022

• Covered Bond Transparency Report as at 31.12.2022
• Hypo Cover Pool 1, ECBC Harmonised Transparency Template (HTT) as at 31.12.2022
• Hypo Cover Pool 2, ECBC Harmonised Transparency Template (HTT) as at 31.12.2022
• Roadshow Investor Update (November 2022)
• Covered Bond Transparency Report as at 30.9.2022
• Hypo Cover Pool, ECBC Harmonised Transparency Template (HTT) as at 30.9.2022
• Investor Update, ECBC (September 2022)
• Covered Bond Transparency Report as at 30.6.2022
• Hypo Cover Pool, ECBC Harmonised Transparency Template (HTT) as at 30.6.2022
• Covered Bond Transparency Report as at 31.3.2022
• Hypo Cover Pool, ECBC Harmonised Transparency Template (HTT) as at 31.3.2022

2021

• Covered Bond Transparency Report as at 31.12.2021
• Hypo Cover Pool, ECBC Harmonised Transparency Template (HTT) as at 31.12.2021
• Covered Bond Transparency Report as at 30.9.2021
• Hypo Cover Pool, ECBC Harmonised Transparency Template (HTT) as at 30.9.2021
• Covered Bond Transparency Report as at 30.6.2021
• Hypo Cover Pool, ECBC Harmonised Transparency Template (HTT) as at 30.6.2021
• Covered Bond Transparency Report as at 31.3.2021
• Hypo Cover Pool, ECBC Harmonised Transparency Template (HTT) as at 31.3.2021
• Roadshow Investor Update 2021 (Feb-March 2021)

Older presentations and investor material can be found in the Archive

Issuer Rating

On July 11, 2022 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.

• Issuer Credit Rating, S&P Research Update 11.7.2022
• Issuer Credit Rating, S&P Research Update 30.7.2021
• S&P Release on Seven Finnish Bank's Outlooks 22.1.2021
• Issuer Credit Rating, S&P Research Update 13.8.2020
• S&P Release on Seven Finnish Banks’ Outlooks 19.5.2020
• Issuer Credit Rating, S&P Research Update 26.8.2019
• Issuer Credit Rating, S&P Research Update 13.9.2018
• Issuer Credit Rating, S&P Research Update 25.7.2018
• Issuer Credit Rating, S&P Research Update 14.9.2017
• S&P Release on Hypo’s Short-term Rating Upgrade 26.4.2017
• S&P Release on Finnish Banks 17.11.2016
• Issuer Credit Rating, S&P Research Update 19.9.2016
• Issuer Credit Rating, S&P Research Update 17.9.2015

The above documents are not for redistribution unless otherwise permitted.

Covered Bond Rating - Pool 2

On November 28, 2022 S&P Global Ratings (S&P) assigned a rating of 'AAA' with stable outlook for Hypo's covered bonds issued under the new Finnish Covered Bond Act (Act 151/2022).

• CBA Covered Bond Program Rating, S&P Global Ratings 28.11.2022
• Presale report, S&P Global Ratings 7.11.2022

Covered Bond Rating - Pool 1

On June 1, 2023 S&P Global Ratings (S&P) affirmed its 'AAA' credit ratings on Hypo's covered bonds with stable outlook as part of its annual transaction update.

• Transaction Update, S&P Global Ratings 1.6.2023
• Transaction Update, S&P Global Ratings 6.6.2022
• Transaction Update, S&P Global Ratings 27.5.2021
• S&P Release on Covered Bond outlook revision to stable 29.1.2021
• S&P Release on Covered Bond outlook revision to negative 3.6.2020
• Transaction Update, S&P Global Ratings 7.5.2020
• S&P Release on Covered Bond Rating Affirmation, 4.9.2019
• Transaction Update, S&P Global Ratings 17.7.2019
• Transaction Update, S&P Global Ratings 11.6.2018
• Transaction Update, S&P Global Ratings 31.5.2017
• S&P Release on Covered Bond Rating Affirmation, 30.5.2017
• New Issue Report, S&P Global Ratings 6.6.2016
• Covered Bond Program Rating, S&P Global Ratings 10.5.2016
• Preliminary Covered Bond Program Rating, S&P Research 31.3.2016
• Covered Bond Program and Related Issuances, S&P Presale Report 31.3.2016

The above documents are not for redistribution unless otherwise permitted.

Other Material

• Corporate Governance Statement 2022 
• Remuneration Report for Governing Bodies 2022
• Remuneration Policy for Governing Bodies 2023
• Other Remuneration Information 2022
• Corporate Governance Statement 2021
• Remuneration Report for Governing Bodies 2021
• Remuneration Policy for Governing Bodies 2021
• Other Remuneration Information 2021
• Remuneration Report for Governing Bodies 2020
• Corporate Governance Statement 2020
• Remuneration Statement 2019
• Corporate Governance Statement 2019
• Remuneration Statement 2018
• Corporate Governance Statement 2018
• Remuneration Statement 2017
• Corporate Governance Statement 2017