Harmonised Transparency Template
2023 Version
France
Société Générale SCF
Reporting Date: 29/02/24
Cut-off Date: 29/02/24
Index
Worksheet A: HTT General
Worksheet B2: HTT Public Sector Assets
Worksheet C: HTT Harmonised Glossary
Worksheet E: Optional ECB-ECAIs data
A. Harmonised Transparency Template - General Information
HTT 2023
Reporting in Domestic Currency | EUR |
CONTENT OF TAB A
1. Basic Facts
2. Regulatory Summary
3. General Cover Pool / Covered Bond Information
4. References to Capital Requirements Regulation (CRR) 129(7)
5. References to Capital Requirements Regulation (CRR) 129(1)
6. Other relevant information
`
Field Number
1. Basic Facts
G.1.1.1
Country
G.1.1.2
Issuer Name
G.1.1.3
Link to Issuer's Website
G.1.1.4
Cut-off date
2. Regulatory Summary
G.2.1.1
Basel Compliance, subject to national jursdiction (Y/N)
G.2.1.2
CBD Compliance
G.2.1.3
CRR Compliance (Y/N)
France
Société Générale SCFhttp://www.societegenerale.com/fr/mesurer-notre-performance/investisseurs/investisseurs-dette
29/02/24
Y
OG.2.1.1
LCR status
Y Yhttp://www.ecbc.eu/legislation/list
3. General Cover Pool / Covered Bond Information
1.General Information
Nominal (mn)
G.3.1.1
Total Cover Assets 16,927.9
G.3.1.2
Outstanding Covered Bonds 12,650.0
2. Over-collateralisation (OC)
Statutory
Voluntary
Contractual
Purpose
G.3.2.1
OC (%)
5.0%
26.3%
7.5%
"Statutory" OC: As mentioned in SCF law. "Contractual" OC is the OC in order to reassure
Rating Agencies.
3. Cover Pool Composition
Nominal (mn)
% Cover Pool
G.3.3.1
Mortgages
G.3.3.2
Public Sector
G.3.3.3
16,608.1 98.1%
Shipping
G.3.3.4
Substitute Assets
319.8 1.9%
G.3.3.5
Other
G.3.3.6
Total
16,927.9 100.0%
% Total Contractual
% Total Expected Upon Prepayments
G.3.4.1
4. Cover Pool Amortisation Profile Weighted Average Life (in years)
Residual Life (mn)
By buckets:
Contractual 6.0
Expected Upon Prepayments 6.0
G.3.4.2
0 - 1 Y
1,868.2
1,885.9
11.2% 11.4%
G.3.4.3
1 - 2 Y
1,826.2
1,839.5
11.0% 11.1%
G.3.4.4
2 - 3 Y
1,734.1
1,743.3
10.4% 10.5%
G.3.4.5
3 - 4 Y
1,561.0
1,566.9
9.4% 9.4%
G.3.4.6
4 - 5 Y
1,436.8
1,439.7
8.7% 8.7%
G.3.4.7
5 - 10 Y
5,054.5
5,042.9
30.4% 30.4%
G.3.4.8
10+ Y
3,127.3
3,089.9
18.8% 18.6%
G.3.4.9
Total
16,608.1
16,608.1
100.0% 100.0%
5. Maturity of Covered Bonds
Initial Maturity
Extended Maturity
% Total Initial Maturity
% Total Extended Maturity
G.3.5.1
Weighted Average life (in years)
Maturity (mn)
G.3.5.2
By buckets:
4.7 5.6
G.3.5.3
0 - 1 Y
2,500.0 0.0
19.8% 0.0%
G.3.5.4
1 - 2 Y
1,000.0
2,500.0
7.9% 19.8%
G.3.5.5
2 - 3 Y
1,000.0
1,000.0
7.9% 7.9%
G.3.5.6
3 - 4 Y
1,050.0
1,000.0
8.3% 7.9%
G.3.5.7
4 - 5 Y
2,800.0
1,350.0
22.1% 10.7%
G.3.5.8
5 - 10 Y
2,550.0
4,550.0
20.2% 36.0%
G.3.5.9
10+ Y
1,750.0
2,250.0
13.8% 17.8%
G.3.5.10
Total
12,650.0
12,650.0
100.0% 100.0%
6. Cover Assets - Currency
Nominal [before hedging] (mn)
Nominal [after hedging] (mn)
% Total [before]
% Total [after]
G.3.6.1
EUR
14,858.4
14,858.4
89.5% 89.5%
G.3.6.10
G.3.6.2
G.3.6.11
G.3.6.3
G.3.6.4
G.3.6.5
G.3.6.6
G.3.6.7
G.3.6.8
G.3.6.9
G.3.6.12
G.3.6.13
G.3.6.14
G.3.6.15
G.3.6.16
G.3.6.17
G.3.6.18
G.3.6.19
AUD BRL CAD CHF CZK DKK GBP HKD ISK JPY KRW NOK PLN SEK SGD USD Other
1,749.7
1,749.7
10.5% 10.5%Total
16,608.1
16,608.1
100.0% 100.0%
7. Covered Bonds - Currency
Nominal [before hedging] (mn)
Nominal [after hedging] (mn)
% Total [before]
% Total [after]
G.3.7.1
EUR
12,650.0
12,650.0
100.0% 100.0%
G.3.7.10
G.3.7.2
G.3.7.11
G.3.7.3
G.3.7.4
G.3.7.5
G.3.7.6
G.3.7.7
G.3.7.8
G.3.7.9
G.3.7.12
G.3.7.13
G.3.7.14
G.3.7.15
G.3.7.16
G.3.7.17
G.3.7.18
G.3.7.19
AUD BRL CAD CHF CZK DKK GBP HKD ISK JPY KRW NOK PLN SEK SGD USD Other
0.0
0.0
0.0% 0.0%Total
12,650.0
12,650.0
100.0% 100.0%
8. Covered Bonds - Breakdown by interest rate
Nominal [before hedging] (mn)
Nominal [after hedging] (mn)
% Total [before]
% Total [after]
G.3.8.1
Fixed coupon
G.3.8.2
Floating coupon
650.0
500.0
5.1% 4.0%
11,850.0
12,000.0
93.7% 94.9%
G.3.8.3
Other
150.0
150.0 12,650.0
1.2% 1.2%
9. Substitute Assets - Type
Nominal (mn)
TotalG.3.9.1
Cash
G.3.9.2 Exposures to/guaranteed by Supranational, Sovereign, Agency (SSA)G.3.9.3
G.3.9.4
Exposures to central banks Exposures to credit institutions
G.3.9.5
12,650.0
100.0% 100.0% % Substitute Assets
19.8 6.2%
300.0 93.8%
Other
OG.3.9.1
G.3.9.6
OG.3.9.2
Total o/w EU gvts or quasi govts o/w third-party countries Credit Quality Step 1 (CQS1) gvts or quasi govts
OG.3.9.3
o/w third-party countries Credit Quality Step 2 (CQS2) gvts or quasi govts
OG.3.9.4
OG.3.9.5
OG.3.9.6
OG.3.9.7
OG.3.9.8
o/w EU central banks o/w third-party countries Credit Quality Step 1 (CQS1) central banks o/w third-party countries Credit Quality Step 2 (CQS2) central banks o/w CQS1 credit institutions o/w CQS2 credit institutions
OG.3.9.9
OG.3.9.10
OG.3.9.11
OG.3.9.12
319.8 100.0%
319.8 100.0%
10. Substitute Assets - Country Domestic (Country of Issuer)
G.3.10.1
Nominal (mn)
% Substitute Assets
319.8 100.0%
G.3.10.2
Eurozone
G.3.10.3
G.3.10.4
G.3.10.5
Rest of European Union (EU) European Economic Area (not member of EU)
Switzerland
G.3.10.6
Australia
G.3.10.10
G.3.10.7
G.3.10.11
G.3.10.8
G.3.10.9
G.3.10.12
G.3.10.13
Brazil Canada Japan Korea New Zealand Singapore
G.3.10.14
G.3.10.15
US Other
Total EU
319.8 100.0%
G.3.10.16
Total
319.8 100.0%
11. Liquid Assets
Nominal (mn)
% Cover Pool
% Covered Bonds
G.3.11.1
Substitute and other marketable assets
G.3.11.2
Central bank eligible assets
G.3.11.3
Other
G.3.11.4
12. Bond List
G.3.12.1
Bond list
13. Derivatives & Swaps
G.3.13.1
Derivatives in the register / cover pool [notional] (mn)
G.3.13.2
Type of interest rate swaps (intra-group, external or both)
G.3.13.3
Type of currency rate swaps (intra-group, external or both)Total
G.3.14.1
G.3.14.2
14. Sustainable or other special purpose strategy - optional Cover pool involved in a sustainable/special purpose strategy? (Y/N) If yes to G.3.14.1 is there a commitment (1) or are already sustainable components present (2)?
319.8 718.8
1,038.6
https://coveredbondlabel.com/issuer/15/
300.0 Intra-group Intra-group
1.9% 2.5%
4.2% 5.7%
6.1% 8.2%
G.3.14.3
specific criteria link to the committed objective criteria
4. Compliance Art 14 CBD Check table
Row
Row
The issuer believes that, at the time of its issuance and based on transparency data made publicly available by the issuer, these covered bonds would satisfy the eligibility criteria for Article 129(7) of the Capital Requirements Regulation (EU) 575/2013. It should be noted, however, that whether or not exposures in the form of covered bonds are eligible to preferential treatment under Regulation (EU) 575/2013 is ultimately a matter to be determined by a relevant investor institution and its relevant supervisory authority and the issuer does not accept any responsibility in this regard.
G.4.1.1
(a) Value of the cover pool total assets: 38
G.4.1.2
(a) Value of outstanding covered bonds: 39
G.4.1.3
(b) List of ISIN of issued covered bonds:
G.4.1.4
(c) Geographical distribution:
G.4.1.5
(c) Type of cover assets:
G.4.1.6
(c) Loan size:
G.4.1.7
(c) Valuation Method:
G.4.1.8
(d) Interest rate risk - cover pool:
https://coveredbondlabel.com/issuer/14-sg-scf
52
HG.1.15
G.4.1.9
(d) Currency risk - cover pool: 111
G.4.1.10
(d) Interest rate risk - covered bond: 163
G.4.1.11
G.4.1.12
G.4.1.13
(d) Currency risk - covered bond: 137 (d) Liquidity Risk - primary assets cover pool:
(d) Credit Risk:
G.4.1.14
(d) Market Risk:
G.4.1.15
(d) Hedging Strategy
18 for Harmonised Glossary
G.4.1.16
(e) Maturity Structure - cover assets: 65
G.4.1.17
(e) Maturity Structure - covered bond: 88
G.4.1.18
(e) Overview maturity extension triggers:
G.4.1.19
(f) Levels of OC:
G.4.1.20
(g) Percentage of loans in default:
48 for Public Sector Assets
129 for Public Sector Assets
18 for Public Sector AssetsHG 1.7
44
166 for Public Sector Assets
5. References to Capital Requirements Regulation (CRR)
129(1)
G.5.1.1
Exposure to credit institute credit quality step 1
G.5.1.2
Exposure to credit institute credit quality step 2
G.5.1.3
Exposure to credit institute credit quality step 3
319.8
6. Other relevant information
1. Optional information e.g. Rating triggers
B2. Harmonised Transparency Template - Public Sector Assets
HTT 2023
Reporting in Domestic Currency | EUR |
Field Number
8. Public Sector Assets
PS.8.1.1
1. General Information Number of public sector exposures
1,345
Number of Exposures
% Public Sector Assets % No. of Exposures
PS.8.2.1
2. Size Information Average exposure size (000s)By buckets (mn):
PS.8.2.2
Nominal 12,348.0
> 0 - <= 0.5
PS.8.2.3
61.9
304
0.4% 22.6%
> 0.5 - <= 1
PS.8.2.4
133.7
181
0.8% 13.5%
> 1 - <= 5
PS.8.2.5
1,161.1
483
7.0% 35.9%
> 5 - <= 10
PS.8.2.6
> 10 - <= 50
PS.8.2.7
> 50 - <= 100
966.9
137
5.8% 10.2%
3,929.5
185
23.7% 13.8%
2,027.2
28
12.2% 2.1%
PS.8.2.8
> 100
8,327.8
27
50.1% 2.0%
PS.8.2.9
PS.8.2.10
PS.8.2.11
PS.8.2.12
PS.8.2.13
PS.8.2.14
PS.8.2.15
PS.8.2.16
PS.8.2.17
3. Breakdown by Asset Type
Nominal (mn)
PS.8.3.1
Total
16,608.1
1,345
100.0% 100.0% % Public Sector Assets
Loans
16,553.7 99.7%
PS.8.3.2
Bonds Other
54.4 0.3%
PS.8.3.3
0.0 0.0%
4. Breakdown by Geography
PS.8.3.4
Total
16,608.1 100.0% % Public Sector Assets
PS.8.4.1 | European Union | 85.7% |
PS.8.4.2 | Austria | 0.1% |
PS.8.4.3 | Belgium | 1.0% |
PS.8.4.4 | Bulgaria | 0.0% |
PS.8.4.5 | Croatia | 0.0% |
PS.8.4.6 | Cyprus | 0.0% |
PS.8.4.7 | Czechia | 0.0% |
PS.8.4.8 | Denmark | 0.4% |
PS.8.4.9 | Estonia | 0.0% |
PS.8.4.10 | Finland | 0.0% |
PS.8.4.11 | France | 81.7% |
PS.8.4.12 | Germany | 1.9% |
PS.8.4.13 | Greece | 0.0% |
PS.8.4.14 | Netherlands | 0.0% |
PS.8.4.15 | Hungary | 0.0% |
PS.8.4.16 | Ireland | 0.0% |
PS.8.4.17 | Italy | 0.0% |
PS.8.4.18 | Latvia | 0.0% |
PS.8.4.19 | Lithuania | 0.0% |
PS.8.4.20 | Luxembourg | 0.0% |
PS.8.4.21 | Malta | 0.0% |
PS.8.4.22 | Poland | 0.0% |
PS.8.4.23 | Portugal | 0.0% |
PS.8.4.24 | Romania | 0.0% |
PS.8.4.25 | Slovakia | 0.0% |
PS.8.4.26 | Slovenia | 0.0% |
PS.8.4.27 | Spain | 0.6% |
PS.8.4.28 | Sweden | 0.0% |
PS.8.4.29 | European Economic Area (not member of EU) | 0.0% |
PS.8.4.30 | Iceland | 0.0% |
PS.8.4.31 | Liechtenstein | 0.0% |
PS.8.4.32 | Norway | 0.0% |
PS.8.4.33 | Other | 14.3% |
PS.8.4.34 | Switzerland | 0.0% |
PS.8.4.35 | United Kingdom | 5.3% |
PS.8.4.36 | Australia | 0.0% |
PS.8.4.37 | Brazil | 0.0% |
PS.8.4.38 | Canada | 0.0% |
PS.8.4.39 | Japan | 0.0% |
PS.8.4.40 | Korea | 4.1% |
PS.8.4.41
New Zealand 0.0%
PS.8.4.42
Singapore 0.0%
PS.8.4.43
US 0.2%
PS.8.4.44
Other 4.7%
OPS.8.4.1
Supranational Institution 2.6%
OPS.8.4.2
Qatar 2.1%
OPS.8.4.3
OPS.8.4.4
OPS.8.4.5
OPS.8.4.6
OPS.8.4.7
OPS.8.4.8
OPS.8.4.9
OPS.8.4.10
5. Breakdown by regions of main country of origin
% Public Sector Assets
PS.8.5.1
Auvergne-Rhône-Alpes 9.0%
PS.8.5.2
Bourgogne-Franche-Comté 2.2%
PS.8.5.3
Bretagne 1.6%
PS.8.5.4
Centre-Val de Loire 3.0%
PS.8.5.5
Corse 0.3%
PS.8.5.6
DOM-TOM 0.1%
PS.8.5.7
Grand Est 5.3%
PS.8.5.8
Hauts-de-France 8.7%
PS.8.5.9
Ile-de-France 34.6%
PS.8.5.10
Normandie 3.1%
PS.8.5.11
Nouvelle-Aquitaine 8.2%
PS.8.5.12
Occitanie 10.3%
PS.8.5.13
Pays de la Loire 2.6%
PS.8.5.14
Provence-Alpes-Côte d'Azur 10.1%
PS.8.5.15
Exposure on sovereign 1.0%
PS.8.5.16
PS.8.5.17
PS.8.5.18
PS.8.5.19
PS.8.5.20
PS.8.5.21
PS.8.5.22
PS.8.5.23
PS.8.5.24
PS.8.5.25
6. Breakdown by Interest Rate
% Public Sector Assets
PS.8.6.1
Fixed rate 61.5%
PS.8.6.2
Floating rate 38.5%
PS.8.6.3
Other 0.0%
7. Breakdown by Repayment Type
% Public Sector Assets
PS.8.7.1
Bullet / interest only 0.8%
PS.8.7.2
Amortising 99.2%
PS.8.7.3
Other 0.0%
8. Breakdown by Type of Debtor
Nominal (mn)
% Public Sector Assets
PS.8.8.1
PS.8.8.2
PS.8.8.3
Sovereigns Regional/federal authorities Local/municipal authorities
497.2 3.0%
3,692.2 22.2%
5,203.8 31.3%
PS.8.8.4
Others
7,214.9 43.4%
PS.8.8.5
Total
16,608.1 100.0%
OPS.8.8.1
o/w Claim against supranational 426.0 2.6%
OPS.8.8.2
o/w Claim against sovereigns 455.4 2.7%
OPS.8.8.3
o/w Claim guaranteed by sovereigns 41.8 0.3%
OPS.8.8.4
OPS.8.8.5
OPS.8.8.6
OPS.8.8.7
o/w Claim against regional/federal authorities o/w Claim guaranteed by regional/federal authorities o/w Claim against local/municipal authorities o/w Claim guaranteed by local/municipal authorities
3,411.7 20.5%
280.5 1.7%
4,752.6 28.6%
451.2 2.7%
OPS.8.8.8
o/w Claim guaranteed by ECA 4,700.2 28.3%
OPS.8.8.9
o/w Claim against other direct public exposures 1,915.3 11.5%
OPS.8.8.10
o/w Claim against other indirect public exposures
173.4 1.0%
OPS.8.8.11
OPS.8.8.12
OPS.8.8.13
9. Non-Performing Loans
% Public Sector Assets
PS.8.9.1
% NPLs 0.0%
OPS.8.9.1
Defaulted Loans pursuant Art 178 CRR 0.0%
OPS.8.9.2
OPS.8.9.3
OPS.8.9.4
10. Concentration Risks
% Public Sector Assets
PS.8.10.1
10 largest exposures 37.0%
OPS.8.10.1
5 largest exposures 28.9%
OPS.8.10.2
OPS.8.10.3
OPS.8.10.4
OPS.8.10.5
OPS.8.10.6
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Société Générale SA published this content on 29 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2024 14:11:02 UTC.