General information
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Issue date
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25-November-1998
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Credit Enhance
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Sen/Sub,
Res. fund
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Reference
interest rate
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EURIBOR
3m
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Risk weight.
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50%
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Payment
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Quarterly
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Pricing info
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Reuters
DEXIAABS
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Currency
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EURO
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Bloomberg MBS
4<MTGE><GO>
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Class A1
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Class A2
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Class A3
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Class B
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Spread
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0.11%
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0.21%
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0.30%
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0.75%
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Initial class size (Renominalised)
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55,775,700.00
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123,946,000.00
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84,035,388.00
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8,924,112.00
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Number of bonds (EUR 123,946)
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450
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1000
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678
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72
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Initial rating
Moody's / Fitch
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Aaa / AAA
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Aaa / AAA
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Aaa / AAA
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A3 / A
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Current rating
Moody's / Fitch
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Aaa / AAA
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Aaa / AAA
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Aa1 / AA
*
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* Upgraded by Moody's on 7
March 2002, Upgraded by Fitch on 12 November 2002
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Payments
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Euribor fixing for last pmt
date
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4.630%
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(on 23/10/2007)
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Last payment date
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25-Jan-08
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Next payment date
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25-Apr-08
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(last payment date)
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Class A1
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Class A2
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Class A3
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Class B
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Period coupon
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0.000%
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0.000%
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4.930%
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5.380%
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Interest payment
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0.00
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0.00
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464,430.00
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59,374.08
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Interest per bond
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0.00
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0.00
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685.00
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824.64
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Balance before last pmt
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0.00
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0.00
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36,862,860.00
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4,318,488.00
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Principal redemption last pmt
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0.00
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0.00
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1,973,658.00
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173,160.00
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Principal per
bond
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0.00
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0.00
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2,911.00
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2,405.00
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Bond factor (after payment)
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0.00
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0.00
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0.415172736514
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0.464508737676
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Expected Average
Life (8 CPR)
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0.00 years
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0.00 years
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1.37 years
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1.47 years
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Expected final maturity (8 CPR)
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Fully repaid
Jul-99
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Fully repaid
Oct-05
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26-Oct-09
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26-Oct-09
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Performance
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Delinquencies
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30 Days
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60 Days
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90 Days
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Defaults
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Number
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2
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0
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1
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0
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Principal Balance
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44,780.82
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0.00
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152.86
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0.00
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% Loans Outstanding
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0.1187%
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0.0000%
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0.0593%
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0.0000%
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Number of Loans Outstanding
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At payment date:
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1,685
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Prepayments
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CPR
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December
1998
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2.80%
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January 1999
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5.40%
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February 1999
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5.50%
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March 1999
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12.80%
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April
1999
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49.10%
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May 1999
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67.60%
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June 1999
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33.70%
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July 1999
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20.20%
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August
1999
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11.90%
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September
1999
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6.00%
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October 1999
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1.00%
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November
1999
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3.9%
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December
1999
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1.8%
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January 2000
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2.5%
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February 2000
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0.5%
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March 2000
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3.0%
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April
2000
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2.0%
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May 2000
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1.3%
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June 2000
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1.4%
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July 2000
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1.9%
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August
2000
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1.2%
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September
2000
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1.0%
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October 2000
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2.8%
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November
2000
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2.1%
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December
2000
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2.3%
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January 2001
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0.9%
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February 2001
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2.7%
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March 2001
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1.9%
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April
2001
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2.2%
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