Posts Tagged ‘ amortisation ’

S&P notes Swedish moves to reduce ALMM risk

Oct 24th, 2014
Riksbank image

Standard & Poor’s said on Tuesday that a Swedish Bankers’ Association proposal to suggest a reduction in the required level of amortisation to a 50% LTV ratio could help reduce asset-liability mismatch (ALMM) risk in covered bond programmes, but highlighted that issuers have already reduced this since 2008 by extending the duration of their funding.



Swedish amortisation plan ‘beneficial’, could head off new regs

Oct 17th, 2014
Riksbank image

Amortisation of new mortgage loans down to 50% of a property’s value in line with a Swedish Bankers’ Association recommendation on Tuesday of last week (7 October) would be beneficial, according to Moody’s, while an analyst suggested it could head off further binding measures from Sweden’s authorities.



Amortisation plan ‘could ease Swedes’ OC needs’

Oct 24th, 2013
Finansinspektionen

A proposal by Sweden’s FSA to oblige lenders to suggest mortgage loan amortisation plans to some borrowers could, if implemented, lead to increased paydown rates and eventually a possible decrease in target OC in some Swedish covered bond programmes, according to Standard & Poor’s.