SOCIÉTÉ GÉNÉRALE Harmonised Transparency Template
2021 Version
FRANCE
Societe Generale SFH
Reporting Date: 30/11/2021
Cut-off Date: | 30/11/2021 |
Index
Worksheet A: HTT General
Worksheet B1: HTT Mortgage Assets
Worksheet C: HTT Harmonised Glossary
Covered Bond Label Disclaimer
Worksheet E: Optional ECB-ECAIs data
A. Harmonised Transparency Template - General Information | HTT 2021 | ||||||
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 | 1. Basic Facts | ||||||
Number | |||||||
G.1.1.1 | Country | France | |||||
G.1.1.2 | Issuer Name | Société Générale SFH | |||||
G.1.1.3 | Link to Issuer's Website | http://www.societegenerale.com/fr/mesurer-notre | -performance/investisseurs/investisseurs-dette | ||||
G.1.1.4 | Cut-off date | 30/11/2021 | |||||
2. Regulatory Summary | |||||||
G.2.1.1 | UCITS Compliance (Y/N) | Y | |||||
G.2.1.2 | CRR Compliance (Y/N) | Y | |||||
G.2.1.3 | LCR status | http://www.ecbc.eu/legislation/list | |||||
3. General Cover Pool / Covered Bond Information | |||||||
1.General Information | Nominal (mn) | ||||||
G.3.1.1 | Total Cover Assets | 48,525.1 | |||||
G.3.1.2 | Outstanding Covered Bonds | 41,390.0 | |||||
2. Over-collateralisation (OC) | Legal / Regulatory | Actual | Minimum Committed | Purpose | |||
"Legal" OC: As mentioned in SFH law. | |||||||
G.3.2.1 | OC (%) | 5.0% | 14% | 8.5% | "Committed" OC is equal to Contractual OC in | ||
order to reassure Rating Agencies. | |||||||
3. Cover Pool Composition | Nominal (mn) | % Cover Pool | |||||
G.3.3.1 | Mortgages | 47,157.2 | 97.2% | ||||
G.3.3.2 | Public Sector | 0.0% | |||||
G.3.3.3 | Shipping | 0.0% | |||||
G.3.3.4 | Substitute Assets | 1,367.8 | 2.8% | ||||
G.3.3.5 | Other | 0.0% | |||||
G.3.3.6 | Total | 48,525.1 | 100.0% | ||||
4. Cover Pool Amortisation Profile | Contractual (mn) | Expected Upon Prepayments (mn) | % Total Contractual | % Total Expected Upon Prepayments | |||
G.3.4.1 | Weighted Average life (in years) | 7.76 | 5.67 | ||||
Residual Life (mn) | |||||||
By buckets: | |||||||
G.3.4.2 | 0 - 1 Y | 3,749.8 | 6,300.2 | 8.0% | 13.4% | ||
G.3.4.3 | 1 - 2 Y | 3,732.4 | 5,706.8 | 7.9% | 12.1% | ||
G.3.4.4 | 2 - 3 Y | 3,658.3 | 5,115.0 | 7.8% | 10.9% | ||
G.3.4.5 | 3 - 4 Y | 3,549.2 | 4,549.3 | 7.5% | 9.7% | ||
G.3.4.6 | 4 - 5 Y | 3,382.1 | 3,994.6 | 7.2% | 8.5% | ||
G.3.4.7 | 5 - 10 Y | 14,202.1 | 13,356.8 | 30.1% | 28.3% | ||
G.3.4.8 | 10+ Y | 14,850.4 | 8,101.4 | 31.5% | 17.2% | ||
G.3.4.9 | Total | 47,124.2 | 47,124.2 | 100.0% | 100.0% | ||
5. Maturity of Covered Bonds | Initial Maturity (mn) | Extended Maturity (mn) | % Total Initial Maturity | % Total Extended Maturity | |||
G.3.5.1 | Weighted Average life (in years) | 6.0 | 7.0 | ||||
Maturity (mn) | |||||||
G.3.5.2 | By buckets: | ||||||
G.3.5.3 | 0 - 1 Y | 3,250.0 | 1,250.0 | 7.9% | 3.0% | ||
G.3.5.4 | 1 - 2 Y | 3,500.0 | 2,000.0 | 8.5% | 4.8% | ||
G.3.5.5 | 2 - 3 Y | 3,600.0 | 4,250.0 | 8.7% | 10.3% | ||
G.3.5.6 | 3 - 4 Y | 3,540.0 | 2,850.0 | 8.6% | 6.9% | ||
G.3.5.7 | 4 - 5 Y | 4,250.0 | 3,540.0 | 10.3% | 8.6% | ||
G.3.5.8 | 5 - 10 Y | 17,250.0 | 18,250.0 | 41.7% | 44.1% | ||
G.3.5.9 | 10+ Y | 6,000.0 | 9,250.0 | 14.5% | 22.3% |
G.3.5.10 | Total | 41,390.0 | 41,390.0 | 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 | 47,157.2 | 47,157.2 | 100.0% | 100.0% |
G.3.6.2 | AUD | 0.0% | 0.0% | ||
G.3.6.3 | BRL | 0.0% | 0.0% | ||
G.3.6.4 | CAD | 0.0% | 0.0% | ||
G.3.6.5 | CHF | 0.0% | 0.0% | ||
G.3.6.6 | CZK | 0.0% | 0.0% | ||
G.3.6.7 | DKK | 0.0% | 0.0% | ||
G.3.6.8 | GBP | 0.0% | 0.0% | ||
G.3.6.9 | HKD | 0.0% | 0.0% | ||
G.3.6.10 | JPY | 0.0% | 0.0% | ||
G.3.6.11 | KRW | 0.0% | 0.0% | ||
G.3.6.12 | NOK | 0.0% | 0.0% | ||
G.3.6.13 | PLN | 0.0% | 0.0% | ||
G.3.6.14 | SEK | 0.0% | 0.0% | ||
G.3.6.15 | SGD | 0.0% | 0.0% | ||
G.3.6.16 | USD | 0.0% | 0.0% | ||
G.3.6.17 | Other | 0.0% | 0.0% | ||
G.3.6.18 | Total | 47,157.2 | 47,157.2 | 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 | 41,390.0 | 41,390.0 | 100.0% | 100.0% |
G.3.7.2 | AUD | 0.0% | 0.0% | ||
G.3.7.3 | BRL | 0.0% | 0.0% | ||
G.3.7.4 | CAD | 0.0% | 0.0% | ||
G.3.7.5 | CHF | 0.0% | 0.0% | ||
G.3.7.6 | CZK | 0.0% | 0.0% | ||
G.3.7.7 | DKK | 0.0% | 0.0% | ||
G.3.7.8 | GBP | 0.0% | 0.0% | ||
G.3.7.9 | HKD | 0.0% | 0.0% | ||
G.3.7.10 | JPY | 0.0% | 0.0% | ||
G.3.7.11 | KRW | 0.0% | 0.0% | ||
G.3.7.12 | NOK | 0.0% | 0.0% | ||
G.3.7.13 | PLN | 0.0% | 0.0% | ||
G.3.7.14 | SEK | 0.0% | 0.0% | ||
G.3.7.15 | SGD | 0.0% | 0.0% | ||
G.3.7.16 | USD | 0.0% | 0.0% | ||
G.3.7.17 | Other | 0.0% | 0.0% | ||
G.3.7.18 | Total | 41,390.0 | 41,390.0 | 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 | 40,800.0 | 40,800.0 | 98.6% | 98.6% |
G.3.8.2 | Floating coupon | 590.0 | 590.0 | 1.4% | 1.4% |
G.3.8.3 | Other | 0.0 | 0.0 | 0.0% | 0.0% |
G.3.8.4 | Total | 41,390.0 | 41,390.0 | 100.0% | 100.0% |
9. Substitute Assets - Type | Nominal (mn) | % Substitute Assets | |||
G.3.9.1 | Cash | 742.8 | 54.3% | ||
G.3.9.2 | Exposures to/guaranteed by Supranational, Sovereign, Agency (SSA) | 0.0% | |||
G.3.9.3 | Exposures to central banks | 0.0% | |||
G.3.9.4 | Exposures to credit institutions | 625.0 | 45.7% | ||
G.3.9.5 | Other | 0.0% | |||
G.3.9.6 | Total | 1,367.8 | 100.0% |
10. Substitute Assets - Country | Nominal (mn) | % Substitute Assets | |||
G.3.10.1 | Domestic (Country of Issuer) | 1,367.8 | 100.0% | ||
G.3.10.2 | Eurozone | 0.0% | |||
G.3.10.3 | Rest of European Union (EU) | 0.0% | |||
G.3.10.4 | European Economic Area (not member of EU) | 0.0% | |||
G.3.10.5 | Switzerland | 0.0% | |||
G.3.10.6 | Australia | 0.0% | |||
G.3.10.7 | Brazil | 0.0% | |||
G.3.10.8 | Canada | 0.0% | |||
G.3.10.9 | Japan | 0.0% | |||
G.3.10.10 | Korea | 0.0% | |||
G.3.10.11 | New Zealand | 0.0% | |||
G.3.10.12 | Singapore | 0.0% | |||
G.3.10.13 | US | 0.0% | |||
G.3.10.14 | Other | 0.0% | |||
G.3.10.15 | Total EU | 1,367.8 | |||
G.3.10.16 | Total | 1,367.8 | 100.0% | ||
11. Liquid Assets | Nominal (mn) | % Cover Pool | % Covered Bonds | ||
G.3.11.1 | Substitute and other marketable assets | 1,367.8 | 2.8% | 3.3% | |
G.3.11.2 | Central bank eligible assets | 1,441.0 | 3.0% | 3.5% | |
G.3.11.3 | Other | 0.0% | 0.0% | ||
G.3.11.4 | Total | 2,808.8 | 5.8% | 6.8% | |
12. Bond List | |||||
G.3.12.1 | Bond list | https://coveredbondlabel.com/issuer/83/ | |||
13. Derivatives & Swaps | |||||
G.3.13.1 | Derivatives in the register / cover pool [notional] (mn) | .0 | |||
G.3.13.2 | Type of interest rate swaps (intra-group, external or both) | No | |||
G.3.13.3 | Type of currency rate swaps (intra-group, external or both) | No |
4. References to Capital Requirements Regulation (CRR) | Row | Row |
129(7) | ||
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) 648/2012. It should be noted, however, that
whether or not exposures in the form of covered bonds are eligible to preferential treatment under Regulation (EU) 648/2012 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 | (i) | Value of the cover pool outstanding covered bonds: | 38 | ||||
G.4.1.2 | (i) | Value of covered bonds: | 39 | ||||
G.4.1.3 | (ii) | Geographical distribution: | 43 for Mortgage Assets | ||||
G.4.1.4 | (ii) | Type of cover assets: | 52 | ||||
G.4.1.5 | (ii) | Loan size: | 167 for Residential Mortgage Assets | 268 for Commercial Mortgage Assets | |||
G.4.1.6 | (ii) | Interest rate risk - cover pool: | 130 for Mortgage Assets | 163 | |||
G.4.1.7 | (ii) | Currency risk - cover pool: | 111 | ||||
G.4.1.8 | (ii) | Interest rate risk - covered bond: | 163 | ||||
G.4.1.9 | (ii) | Currency risk - covered bond: | 137 | ||||
G.4.1.10 | (Please refer to "Tab D. HTT Harmonised Glossary" for hedging strategy) | 17 for Harmonised Glossary | |||||
G.4.1.11 | (iii) | Maturity structure of cover assets: | 65 | ||||
G.4.1.12 | (iii) | Maturity structure of covered bonds: | 88 | ||||
G.4.1.13 | (iv) | Percentage of loans more than ninety days past due: | 186 for Residential Mortgage Assets | ||||
5. References to Capital Requirements Regulation (CRR) | |||||||
129(1) | |||||||
G.5.1.1 | Exposure to credit institute credit quality step 1 & 2 | 625.0 | |||||
6. Other relevant information |
B1. Harmonised Transparency Template - Mortgage Assets | HTT 2021 | ||||
Reporting in Domestic Currency | EUR | ||||
CONTENT OF TAB B1 | |||||
7. Mortgage Assets | |||||
7.A Residential Cover Pool | |||||
7.B Commercial Cover Pool | |||||
Field | 7. Mortgage Assets | ||||
Number | |||||
1. Property Type Information | Nominal (mn) | % Total Mortgages | |||
M.7.1.1 | Residential | 47,157.2 | 100.0% | ||
M.7.1.2 | Commercial | 0.0% | |||
M.7.1.3 | Other | 0.0% | |||
M.7.1.4 | Total | 47,157.2 | 100.0% | ||
2. General Information | Residential Loans | Commercial Loans | Total Mortgages | ||
M.7.2.1 | Number of mortgage loans | 399,072.0 | 399,072.0 | ||
3. Concentration Risks | % Residential Loans | % Commercial Loans | % Total Mortgages | ||
M.7.3.1 | 10 largest exposures | 0.0% | 0.0% | ||
4. Breakdown by Geography | % Residential Loans | % Commercial Loans | % Total Mortgages | ||
M.7.4.1 | European Union | 100.0% | 0.0% | 100.0% | |
M.7.4.2 | Austria | ||||
M.7.4.3 | Belgium | ||||
M.7.4.4 | Bulgaria | ||||
M.7.4.5 | Croatia | ||||
M.7.4.6 | Cyprus | ||||
M.7.4.7 | Czech Republic | ||||
M.7.4.8 | Denmark | ||||
M.7.4.9 | Estonia | ||||
M.7.4.10 | Finland | ||||
M.7.4.11 | France | 100.0% | 100.0% | ||
M.7.4.12 | Germany | ||||
M.7.4.13 | Greece | ||||
M.7.4.14 | Netherlands | ||||
M.7.4.15 | Hungary | ||||
M.7.4.16 | Ireland | ||||
M.7.4.17 | Italy | ||||
M.7.4.18 | Latvia | ||||
M.7.4.19 | Lithuania | ||||
M.7.4.20 | Luxembourg | ||||
M.7.4.21 | Malta | ||||
M.7.4.22 | Poland | ||||
M.7.4.23 | Portugal | ||||
M.7.4.24 | Romania | ||||
M.7.4.25 | Slovakia | ||||
M.7.4.26 | Slovenia | ||||
M.7.4.27 | Spain | ||||
M.7.4.28 | Sweden | ||||
M.7.4.30 | European Economic Area (not member of EU) | 0.0% | 0.0% | 0.0% | |
M.7.4.31 | Iceland | ||||
M.7.4.32 | Liechtenstein | ||||
M.7.4.33 | Norway | ||||
M.7.4.34 | Other | 0.0% | 0.0% | 0.0% | |
M.7.4.35 | Switzerland | ||||
M.7.4.29 | United Kingdom | ||||
M.7.4.36 | Australia | ||||
M.7.4.37 | Brazil | ||||
M.7.4.38 | Canada | ||||
M.7.4.39 | Japan | ||||
M.7.4.40 | Korea | ||||
M.7.4.41 | New Zealand | ||||
M.7.4.42 | Singapore | ||||
M.7.4.43 | US | ||||
M.7.4.44 | Other |
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Société Générale SA published this content on 06 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2022 15:07:05 UTC.
