BCARS 3

General information

 

 

 

 

Issue date

30-June-1999

Credit Enhance

Sen/Mez., Res. fund

 

Reference interest rate

EURIBOR 3m

Risk weight.

100%

 

Payment

Quarterly

Pricing info

Bloomberg: BCARS <Mtge><Go>

 

Currency

EURO

 

 

 

 

 

 

 

 

 

Class A

Class M

 

 

Spread

0.27%

0.65%

 

 

Initial class size

428,600,000

21,400,000

 

 

Number of bonds

4,286

214

 

 

Initial rating Moody's/ DCR

Aaa / AAA

A3 / A

 

 

 

 

 

 

 

Payments

 

 

 

 

Euribor fixing for first pmt date

2.116%

 

 

 

Last payment date

27-Dec-2004

 

 

 

Next payment date

29-Mar-2005

 

 

 

 

 

 

 

 

(last payment date)

Class A

Class M

 

 

Period coupon

2.386%

2.766%

 

 

Interest payment

212,671.32

12,309.28

 

 

Interest per bond

49.62

57.52

 

 

Balance before last pmt

35,258,520.89

1,760,458.11

 

 

Principal redemption last pmt

10,639,009.22

531,205.78

 

 

Principal per bond

2,482.27

2,482.27

 

 

Bond factor

0.05744170

0.05744170

 

 

Expected Average Life (0 CPR)

0.78

0.78

 

 

Expected final maturity (0 CPR)

29-Mar-2005

29-Mar-2005

 

 

 

 

 

 

 

Performance

 

 

 

 

Delinquencies

30 Days

60 Days

90 Days

Defaults

Number

179

40

5

20

Principal Balance

544,399.52

97.360.47

9,458.38

107,338.24

% Loans Outstanding

2.106%

0.377%

0.037%

0.29%

Prepayments

CPR

 

 

 

June 1999

2.99%

 

 

 

July 1999

3.80%

 

 

 

August 1999

4.16%

 

 

 

September 1999

4.91%

 

 

 

October 1999

5.42%

 

 

 

November 1999

4.87%

 

 

 

December 1999

4.79%

 

 

 

January 2000

5.44%

 

 

 

February 2000

6.76%

 

 

 

March 2000

6.99%

 

 

 

April 2000

5.21%

 

 

 

May 2000

5.72%

 

 

 

June 2000

5.67%

 

 

 

July 2000

5.39%

 

 

 

August 2000

5.01%

 

 

 

September 2000

5.91%

 

 

 

October 2000

6.63%

 

 

 

November 2000

5.34%