BELSCA

General information

 

 

 

Issue date

26-Jun-1998

Credit Enhance

Sen/Sub, Res. fund

Reference interest rate

EURIBOR 3m

Risk weight.

50%(A1, A2), 100%(M)

Payment

Quarterly

Pricing info

Bloomberg: BLSC 1 <Mtge><Go>

Currency

Euro

 

 

 

 

 

 

 

Class A1

Class A2

Class M

Spread

0.110%

0.210%

0.600%

Initial class size (in Euro)

99,157,409.91

81,433,022.89

12,394,676.24

Number of bonds

800

657

100

Initial rating Moody's/DCR

Aaa

Aaa

A3

 

 

 

 

Payments

 

 

 

Euribor fixing for last pmt date

3.415%

3.415%

3.415%

Last payment date

28-Dec-06

28-Dec-06

28-Dec-06

Next payment date

28-Mar-07

28-Mar-07

28-Mar-07

 

 

 

 

(last payment date)

Class A1

Class A2

Class M

Period coupon

3.525%

3.625%

4.015%

Interest payment

0

116,216.73

124,071.00

Interest per bond

0

176.89

1240.71

Balance before last pmt

0

12,858,974.61

12,394,676.24

Principal redemption last pmt

0

1,519,608.15

0.00

Principal per bond

0

2,312.95

0.00

Bond factor

0.000000

0.139248

1.00

Expected Average Life (8 CPR)*

0.00

2.50

4.50

Expected final maturity (8 CPR)**

Sep-00

Jun-08

Jun-08

 

 

 

 

Performance

 

 

 

Delinquencies

Total

Defaults

 

Number

72

0

 

Principal Balance

1,712,344.05

0.00

 

% Loans Outstanding

7.45%

0.00%

 

Prepayments

CPR

Prepayments+Defaults

 

July 1998

16.05%

17.28%

 

August 1998

14.41%

15.20%

 

September 1998

13.59%

14.09%

 

October 1998

13.47%

13.71%

 

November 1998

15.60%

15.96%

 

December 1998

25.70%

26.44%

 

January 1999

25.51%

25.48%

 

February 1999

28.23%

28.99%

 

March 1999

35.75%

34.95%

 

April 1999

46.30%

46.57%

 

May 1999

45.40%

45.53%

 

June 1999

55.71%

50.79%

 

July 1999

41.35%

50.06%

 

August 1999

38.88%

39.30%

 

September 1999

25.58%

29.53%

 

October 1999

17.36%

18.80%

 

November 1999

9.67%

10.78%

 

December 1999

10.01%

10.88%

 

January 2000

5.69%

5.69%

 

February 2000

4.79%

5.86%

 

March 2000

6.56%

8.31%

 

April 2000

4.26%

4.66%

 

May 2000

5.62%

6.07%

 

June 2000

7.05%

8.84%

 

July 2000

7.37%

7.70%

 

August 2000

4.44%

4.87%

 

September 2000

2.25%

2.73%

 

October 2000

8.34%

8.56%

 

November 2000

8.13%

11.04%

 

December 2000

6.55%

7.28%

 

January 2001

3.26%

3.25%

 

February 2001

3.63%

4.30%

 

March 2001

3.73%

4.31%

 

April 2001

3.60%

3.82%

 

May 2001

7.48%

8.09%

 

June 2001

6.40%

6.98%

 

July 2001

4.87%

5.21%

 

August 2001

3.73%

4.47%

 

September 2001

3.44%

3.79%

 

October 2001

3.55%

3.47%

 

November 2001

4.97%

4.96%

 

December 2001

6.52%

6.64%

 

January 2002

3.64%

3.64%

 

February 2002

5.57%

6.73%

 

March 2002

5.64%

5.81%

 

April 2002

6.57%

6.92%

 

May 2002

8.32%

8.79%

 

June 2002

8.36%

8.70%

 

July 2002

5.04%

5.38%

 

August 2002

4.18%

4.44%

 

September 2002

2.74%

2.87%

 

October 2002

9.66%

10.08%

 

November 2002

4.89%

6.83%

 

December 2002

5.80%

6.60%

 

January 2003

4.48%

6.62%

 

February 2003

7.18%

7.95%

 

March 2003

9.84%

9.69%

 

April 2003

6.41%

6.16%

 

May 2003

8.64%

9.31%

 

Jun-03

10.61%

10.79%

 

Jul-03

13.38%

12.54%

 

Aug-03

9.58%

8.89%

 

Sep-03

15.07%

15.15%

 

Oct-03

15.51%

15.00%

 

Nov-03

16.04%

16.98%

 

Dec-03

15.07%

 

 

Jan-04

15.51%

 

 

Feb-04

11.93%

 

 

Mar-04

4.70%

 

 

Apr-04

7.49%

 

 

May-04

6.80%

 

 

June-04

13.79%

 

 

July-04

12.24%

 

 

August-04

8.48%

 

 

September-04

6.98%

 

 

October-04

4.84%

 

 

November-04

3.85%

 

 

December-04

17.18%

 

 

January-05

4.32%

 

 

February-05

15.04%

 

 

March-05

12.77%

 

 

April-05

12.68%

 

 

May-05

19.65%

 

 

June-05

17.42%

 

 

July-05

15.74%

 

 

August-05

21.17%

 

 

September-05