General information |
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Issue
date |
30-June-1999 |
Credit
Enhance |
Sen/Mez.,
Res. fund |
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Reference
interest rate |
EURIBOR
3m |
Risk
weight. |
100% |
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Payment |
Quarterly |
Pricing
info |
Bloomberg:
BCARS <Mtge><Go> |
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Currency |
EURO |
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Class A |
Class M |
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Spread |
0.27% |
0.65% |
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Initial
class size |
428,600,000 |
21,400,000 |
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Number
of bonds |
4,286 |
214 |
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Initial
rating Moody's/ DCR |
Aaa / AAA |
A3 / A |
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Payments |
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Euribor
fixing for first pmt date |
2.116% |
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Last
payment date |
27-Dec-2004 |
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Next
payment date |
29-Mar-2005 |
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(last
payment date) |
Class A |
Class M |
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Period
coupon |
2.386% |
2.766% |
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Interest
payment |
212,671.32 |
12,309.28 |
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Interest
per bond |
49.62 |
57.52 |
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Balance
before last pmt |
35,258,520.89 |
1,760,458.11 |
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Principal
redemption last pmt |
10,639,009.22 |
531,205.78 |
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Principal
per bond |
2,482.27 |
2,482.27 |
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Bond
factor |
0.05744170 |
0.05744170 |
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Expected
Average Life (0 CPR) |
0.78 |
0.78 |
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Expected
final maturity (0 CPR) |
29-Mar-2005 |
29-Mar-2005 |
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Performance |
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Delinquencies |
30 Days |
60 Days |
90 Days |
Defaults |
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Number |
179 |
40 |
5 |
20 |
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Principal Balance |
544,399.52 |
97.360.47 |
9,458.38 |
107,338.24 |
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% Loans Outstanding |
2.106% |
0.377% |
0.037% |
0.29% |
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Prepayments |
CPR |
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June 1999 |
2.99% |
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July 1999 |
3.80% |
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August 1999 |
4.16% |
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September 1999 |
4.91% |
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October 1999 |
5.42% |
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November 1999 |
4.87% |
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December 1999 |
4.79% |
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January 2000 |
5.44% |
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February 2000 |
6.76% |
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March 2000 |
6.99% |
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April 2000 |
5.21% |
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May 2000 |
5.72% |
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June 2000 |
5.67% |
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July 2000 |
5.39% |
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August 2000 |
5.01% |
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September 2000 |
5.91% |
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October 2000 |
6.63% |
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November 2000 |
5.34% |
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December 2000 |
5.67% |
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January 2001 |
7.38% |
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February 2001 |
7.10% |
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March 2001 |
6.97% |
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April 2001 |
5.86% |
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May 2001 |
7.41% |
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June 2001 |
6.16% |
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July 2001 |
5.99% |
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August 2001 |
5.87% |
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September 2001 |
5.92% |
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October 2001 |
7.62% |
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November 2001 |
5.96% |
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December 2001 |
6.34% |
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January 2002 |
7.37% |
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February 2002 |
8.19% |
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March 2002 |
7.46% |
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April 2002 |
8.56% |
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May 2002 |
6.16% |
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June 2002 |
6.47% |
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July 2002 |
7.51% |
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August 2002 |
5.81% |
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September 2002 |
5.69% |
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October 2002 |
6.76% |
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November 2002 |
6.58% |
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December 2002 |
6.53% |
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January 2003 |
8.21% |
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February 2003 |
7.65% |
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March 2003 |
7.52% |
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April 2003 |
7.97% |
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May 2003 |
6.61% |
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June 2003 |
8.16% |
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July 2003 |
7.85% |
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August 2003 |
6.40% |
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September 2003 |
8.46% |
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October 2003 |
9.09% |
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November 2003 |
7.23% |
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December 2003 |
8.72% |
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January 2004 |
7.06% |
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February 2004 |
9.31% |
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March 2004 |
11.78% |
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April 2004 |
9.36% |
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May 2004 |
8.57% |
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June 2004 |
11.86% |
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July 2004 |
9.10% |
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August 2004 |
8.27% |
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September 2004 |
9.39% |
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October 2004 |
11.62% |
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November 2004 |
8.62% |
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Please click here
to read the selling memorandum of this deal.
Disclaimer "This Selling Memorandum does not constitute the Prospectus for
the purposes of the public offer in Belgium or the listing of the Notes on the
Brussels stock exchange. The Prospectus (in French), copies of which are
available at the offices of the Underwriters, dated June, 1999 has been
approved by the Commission bancaire et financière (the Belgian Banking and
Finance Commission) (the CBF) on June 15th, 1999 in accordance with article
129, §1 of the Loi du 4 décembre 1990 relative aux opérations financières et
aux marchés financiers (Law of December 4th, 1990 relating to financial transactions
and financial markets). This approval carries no assessment whatsoever of the
appropriateness or quality of the Transaction, nor is it indicative of the
circumstances of the Issuer. This Selling Memorandum contains the information
set out in the Prospectus together with a more detailed description of certain
issues. In case of any difference between the Prospectus and this Selling
Memorandum, priority has to be given to the Prospectus."