General information |
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Issue date |
24-Nov-1997 |
Credit Enhance |
Sen/Sub, Res. fund |
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Reference interest rate |
EURIBOR 3m |
Risk weight. |
50% |
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Payment |
Quarterly |
Pricing info |
Reuters DEXIAABS |
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Currency |
EURO |
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Bloomberg MBS 2<MTGE><GO> |
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Class A1 |
Class A2 |
Class A3 |
Class B |
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Spread |
0.08% |
0.16% |
0.24% |
0.45% |
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Initial class size (Renominalised) |
79,325,440.00 |
185,299,270.00 |
94,198,960.00 |
13,014,330.00 |
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Number of bonds (EUR 123,946) |
640 |
1,495 |
760 |
105 |
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Initial rating Moody's / Fitch |
Aaa / AAA |
Aaa / AAA |
Aaa /
AAA |
A3 / A |
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Current rating Moody's / Fitch |
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Aaa / AAA |
Aaa / AAA |
Aa2 / AA
* |
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* Upgraded by Fitch on 20 September 2001, Upgraded by
Moody's on 7 March 2002 |
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Payments (EUR) |
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Euribor fixing for last pmt date |
2.126% |
(on 20/05/2005) |
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Last payment date |
24-Aug-05 |
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Next payment date |
- |
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(last payment date) |
Class A1 |
Class A2 |
Class A3 |
Class B |
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Period coupon |
0.000% |
0.000% |
2.366% |
2.576% |
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Interest payment |
0.00 |
0.00 |
321,396.40 |
47,211.15 |
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Interest per bond |
0.00 |
0.00 |
422.89 |
449.63 |
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Balance before last pmt |
0.00 |
0.00 |
53,154,400.00 |
7,171,500.00 |
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Principal redemption last pmt |
0.00 |
0.00 |
53,154,400.00 |
7,171,500.00 |
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Principal per bond |
0.00 |
0.00 |
69,940.00 |
68,300.00 |
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Bond factor |
0.0000 |
0.0000 |
0.0000 |
0.0000 |
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Expected Average Life (8 CPR) |
0.00
years |
0.00
years |
0.00 years |
0.00 years |
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Expected final maturity (8 CPR) |
Fully repaid 02/1999 |
Fully repaid 02/2003 |
Fully
repaid 08/2005 |
Fully
repaid 08/2005 |
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Performance |
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Delinquencies |
30 Days |
60 Days |
90 Days |
Defaults |
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Number |
- |
- |
- |
- |
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Principal
Balance |
- |
- |
- |
- |
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% Loans
Outstanding |
- |
- |
- |
- |
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Number of Loans Outstanding |
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At
payment date: |
0 |
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Prepayments |
CPR |
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March
1998 |
0.35% |
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April
1998 |
20.50% |
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May 1998 |
30.09% |
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June
1998 |
24.80% |
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July
1998 |
18.90% |
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August
1998 |
8.90% |
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September
1998 |
6.20% |
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October
1998 |
15.70% |
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November
1998 |
27.20% |
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December
1998 |
34.0% |
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January
1999 |
28.1% |
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February
1999 |
28.7% |
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March
1999 |
33.7% |
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April
1999 |
82.4% |
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May 1999 |
91.7% |
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June
1999 |
56.0% |
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July
1999 |
46.9% |
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August
1999 |
23.2% |
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September
1999 |
11.2% |
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October
1999 |
6.5% |
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November
1999 |
8.0% |
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December
1999 |
8.1% |
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January
2000 |
7.7% |
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February
2000 |
2.9% |
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March
2000 |
4.3% |
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April
2000 |
3.0% |
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May 2000 |
5.9% |
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June
2000 |
2.7% |
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July
2000 |
4.3% |
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August
2000 |
4.1% |
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September
2000 |
3.6% |
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October
2000 |
4.0% |
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November
2000 |
3.7% |
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December
2000 |
4.1% |
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January
2001 |
2.5% |
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February
2001 |
2.6% |
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March
2001 |
3.0% |
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April
2001 |
3.6% |
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May 2001 |
5.2% |
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June
2001 |
5.9% |
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July
2001 |
7.0% |
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August
2001 |
5.2% |
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September
2001 |
3.3% |
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October
2001 |
4.8% |
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November
2001 |
4.3% |
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December
2001 |
5.3% |
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January
2002 |
5.9% |
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February
2002 |
3.9% |
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March
2002 |
3.5% |
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April
2002 |
5.7% |
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May 2002 |
5.1% |
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June
2002 |
6.0% |
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July
2002 |
4.5% |
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August
2002 |
3.1% |
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September
2002 |
3.5% |
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October
2002 |
3.5% |
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November
2002 |
5.7% |
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December
2002 |
5.6% |
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January
2003 |
5.8% |
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February
2003 |
9.1% |
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March
2003 |
9.7% |
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April
2003 |
21.3% |
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May 2003 |
22.3% |
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June
2003 |
10.2% |
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July
2003 |
13.8% |
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August
2003 |
17.0% |
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September
2003 |
25.1% |
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October 2003 |
19.0% |
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November 2003 |
15.9% |
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December
2003 |
10.1% |
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January
2004 |
8.7% |
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February
2004 |
15.3% |
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March
2004 |
8.8% |
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April
2004 |
8.0% |
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May 2004 |
7.5% |
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June
2004 |
13.0% |
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July
2004 |
8.9% |
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August
2004 |
12.5% |
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September
2004 |
6.3% |
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October
2004 |
8.6% |
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November
2004 |
5.7% |
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December
2004 |
7.9% |
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January
2005 |
13.7% |
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February
2005 |
24.2% |
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March
2005 |
14.7% |
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April
2005 |
16.2% |
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May 2005 |
22.6% |
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June
2005 |
22.1% |
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July
2005 |
35.4% |
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August
2005 |
62.4% |
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Renominalisation
MBS-2 (25th of May 1999) |
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Old Denomination Amount |
5,000,000 BEF |
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New Denomination Amount |
123,946.00 EUR |
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New Terms and Conditions of the Notes |
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Renominalisation Overview
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Class A-1 |
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per note |
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per class |
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BEF |
EUR |
BEF |
EUR |
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Outstanding amount beginning of period |
0 |
0.00 |
0 |
0.00 |
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Principal Paid 25 May1999 |
0 |
0.00 |
0 |
0.00 |
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Outstanding amount after normal principal |
0 |
0.00 |
0 |
0.00 |
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RENOMINALISATION |
|
0.00 |
|
0.00 |
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Definitive Outstanding amount after 25 May |
0 |
0.00 |
0 |
0.00 |
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Class A-2 |
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per note |
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per class |
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BEF |
EUR |
BEF |
EUR |
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Outstanding amount beginning of period |
4,613,000 |
114,353.28 |
6,896,435,000 |
170,958,153.60 |
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Principal Paid 25 May 1999 |
2,468,000 |
61,180.12 |
3,689,660,000 |
91,464,279.40 |
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Outstanding amount after normal principal |
2,145,000 |
53,173.16 |
3,206,775,000 |
79,493,874.20 |
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RENOMINALISATION |
|
0.16 |
|
239.20 |
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Definitive Outstanding amount after 25 May |
2,144,994 |
53,173.00 |
3,206,766,030 |
79,493,635.00 |
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Class A-3 |
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per note |
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per class |
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BEF |
EUR |
BEF |
EUR |
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Outstanding amount beginning of period |
5,000,000 |
123,946.76 |
3,800,000,000 |
94,199,537.60 |
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Principal Paid 25 May 1999 |
0 |
0.00 |
0 |
0.00 |
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Outstanding amount after normal principal |
5,000,000 |
123,946.76 |
3,800,000,000 |
94,199,537.60 |
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RENOMINALISATION |
|
0.76 |
|
577.60 |
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Definitive Outstanding amount after 25 May |
4,999,969 |
123,946.00 |
3,799,976,440 |
94,198,960.00 |
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Class B |
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per note |
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per class |
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BEF |
EUR |
BEF |
EUR |
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Outstanding amount beginning of period |
5,000,000 |
123,946.76 |
525,000,000 |
13,014,409.80 |
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Principal Paid 25 May 1999 |
0 |
0.00 |
0 |
0.00 |
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Outstanding amount after normal principal |
0 |
123,946.76 |
525,000,000 |
13,014,409.80 |
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RENOMINALISATION |
|
0.76 |
|
79.80 |
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Definitive Outstanding amount after 25 May |
4,999,696 |
123,946.00 |
524,996,745 |
13,014,330.00 |