Key figures

    Balance sheet as of 6/30/2021

  • Cover pool 57.9EUR billion See more
  • Bonds and loans to public sector (by country) 56.6EUR billion See more
  • Bonds and loans to public sector (per type of borrowers) 56.6EUR billion See more
  • Assets eligible for the central bank refinancing 71.9%
  • Covered bonds 50.9EUR billion See more
  • Regulatory over-collateralization 112.7%
  • Activity 2021

  • Acquisition of loans to French public sector (partnership with LBP) 3.1EUR billion See more
  • Export Refinancings signed by CAFFIL 0.2EUR billion See more
  • Issued covered bonds 4.3EUR billion See more
  • Cover pool quality as of 6/30/2021

  • Doubtful and litigious loans under French GAAP (% of cover pool) 0.4%
  • Cover pool average risk weighting 5.0%
  • Common Equity Tier 1 Ratio (Bâle III) 32.5%
  • Breakdown of assets (EUR billion; %)

    56.6 EUR billion (98%) Bonds and loans to public sector
    0.4 EUR billion (1%) Cash deposit in central bank
    0.9 EUR billion (1%) Replacement assets
  • Breakdown of bonds and loans to public sector by country (EUR billion ; %)

    51.0 (90%) France
    4.1 (7%) Italy
    0.3 (1%) Switzerland
    1.2 (2%) Other countries
  • Breakdown of loans and bonds to public sector per type of borrowers (EUR billion; %)

    43.0 EUR billion (76%) Local governments
    6.1 EUR billion (11%) Public hospitals
    3.5 EUR billion (6%) Sovereigns and other public exposure
    4.0 EUR billion (7%) French Republic (Guaranteed export refinancings)
  • Breakdown of covered bonds per currency

    50.4 (99%) Eur
    0.5 (1%) Other currencies
  • Since the launch of the partnership in 2013, CAFFIL has acquired a total volume of loans amounting to EUR 27.6 billion.


  • Since the launch of this role in mid-2015, CAFFIL has granted refinancing loans to SFIL for a total volume of EUR 8.5 billion.


  • Issued covered bonds (by type of issuance)

    4.3 (99%) Public issues
    0.04 (1%) Private placement

    Issued covered bonds (by maturity)

    0% 0-5 years
    18% 6-9 years
    58% 10-14 years
    24% 15 years and more

    public benchmark issues (per country)

    33% France
    34% Germany and Austria
    3% Benelux
    10% United Kingdom
    2% Asia
    8% Northern Countries
    5% Italy
    3% Switzerland
    2% Other

    public benchmark issues (by type of investors)

    29% Central banks
    13% Asset Management
    10% Insurance
    48% Banks

Ratings



  • Moody's
    Aaa
    Outlook -
  • S&P
    AA+
    Outlook stable
  • DBRS
    AAA
    Outlook -
Rating