Key figures

    Balance sheet as of 3/31/2021

  • Cover pool 58.8EUR billion See more
  • Bonds and loans to public sector (by country) 56.9EUR billion See more
  • Bonds and loans to public sector (per type of borrowers) 56.9EUR billion See more
  • Assets eligible for the central bank refinancing 71.3%
  • Covered bonds 50.9EUR billion See more
  • Regulatory over-collateralization 114.3%

    • Activity 2021

  • Acquisition of loans to French public sector (partnership with LBP) 2.6EUR billion See more
  • Export Refinancings signed by CAFFIL 0.1EUR billion See more
  • Issued covered bonds 2.5EUR billion See more

    • Cover pool quality as of 12/31/2020

  • Doubtful and litigious loans under French GAAP (% of cover pool) 0.4%
  • Cover pool average risk weighting 5.4%
  • Common Equity Tier 1 Ratio (Bâle III) 28.8%

  • Breakdown of assets (EUR billion; %)

    56.9 EUR billion (97%) Bonds and loans to public sector
    0.8 EUR billion (1%) Cash deposit in central bank
    1.1 EUR billion (2%) Replacement assets

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

    51.1 (90%) France
    4.3 (8%) Italy
    0.4 (0%) Switzerland
    1.1 (2%) Other countries

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

    43.3 EUR billion (76%) Local governments
    6.1 EUR billion (11%) Public hospitals
    3.6 EUR billion (6%) Sovereigns and other public exposure
    3.9 EUR billion (7%) French Republic (Guaranteed export refinancings)

  • Breakdown of covered bonds per currency

    50.3 (99%) Eur
    0.6 (1%) Other currencies

  • Since the launch of the partnership in 2013, CAFFIL has acquired a total volume of loans amounting to EUR 27.0 billion.


  • Since the launch of this role in mid-2015, CAFFIL has granted refinancing loans to SFIL for a total volume of EUR 8.4 billion.


  • Issued covered bonds (by type of issuance)

    2.500 (98%) Public issues
    0.038 (2%) Private placement

    Issued covered bonds (by maturity)

    0% 0-5 years
    0% 6-9 years
    59% 10-14 years
    41% 15 years and more

    public benchmark issues (per country)

    29% France
    37% Germany and Austria
    1% Benelux
    16% United Kingdom
    9% Northern Countries
    4% Italy
    2% Switzerland
    2% Other

    public benchmark issues (by type of investors)

    23% Central banks
    12% Asset Management
    11% Insurance
    54% Banks

Ratings



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