Key figures

    Balance sheet as of 6/30/2019

  • Cover pool 58.0EUR billion See more
  • Bonds and loans to public sector (by country) 53.1 EUR billion See more
  • Bonds and loans to public sector (per type of borrowers) 53.1 EUR billion See more
  • Assets eligible for the central bank refinancing 65.6%
  • Covered bonds 51.1 EUR billion See more
  • Regulatory over-collateralization 111.6%

    • Activity for the first half of 2019

  • Acquisition of loans to French public sector (partnership with LBP) 2.1 EUR billion See more
  • Export Refinancings signed by CAFFIL 0.3 EUR billion See more
  • Issued covered bonds 3.2 EUR billion See more

    • Cover pool quality as of 6/30/2019

  • Doubtful and litigious loans under French GAAP (% of cover pool) 0.8%
  • Cover pool average risk weighting 6.2%
  • Common Equity Tier 1 Ratio (Bâle III) 24.4%

  • Breakdown of assets (EUR billion; %)

    53.1EUR billion (92%) Bonds and loans to public sector
    1.7 EUR billion (3%) Cash deposit in central bank
    3.1 EUR billion (5%) Replacement assets

  • Breakdown of bonds and loans to public sector by country (EUR billion ; %)

    46.7 (88%) France
    4.6 (9%) Italy
    0.6 (1%) Switzerland
    1.2 (2%) Other countries

  • Breakdown of loans and bonds to public sector per type of borrowers (EUR billion; %)

    42.3 EUR billion (80%) Local governments
    6.1 EUR billion (12%) Public hospitals
    2.9 EUR billion (5%) Sovereigns and other public exposure
    1.8 EUR billion (3%) French Republic (Guaranteed export refinancings)

  • Breakdown of covered bonds per currency

    49.8 (97%) Eur
    1.3 (3%) Other currencies

  • Since the launch of the partnership in 2013, CAFFIL has acquired a total volume of loans amounting to EUR 17.7 billion.


  • Since the launch of this role in mid-2015, CAFFIL has granted refinancing loans to SFIL for a total volume of EUR 7.4 billion.


  • Issued covered bonds (by type of issuance)

    2.9 (90%) Public issues
    0.3 (10%) Private placement

    Issued covered bonds (by maturity)

    0% 0-5 years
    60% 6-9 years
    1% 10-14 years
    39% 15 years and more

    public benchmark issues (per country)

    24% France
    47% Germany and Austria
    11% Benelux
    3% United Kingdom
    9% Notrhern Countries
    3% Asia
    1% Ireland
    0% Switzerland
    1% Italy
    1% Other

    public benchmark issues (by type of investors)

    13% Central banks
    30% Asset Management
    13% Insurance
    42% Banks
    2% Other

Ratings



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