i

Contact

Christian Voss
Portfolio Management & Structured Credit

Phone: +49 (0)40/33 34-36 67
E-Mail: christian.voss(at)dghyp.de

 

Download

Illustration of PROVIDE-transaction structures

PROVIDE-Transaktion

Link

Further information on our securitised transactions can be found here:

www.provide-vr2004-1plc.de

 

PROVIDE-VR 2004-1

DG HYP conducted another RMBS transaction in 2004 - PROVIDE-VR 2004-1 plc.

The structure mirrored those of the preceding PROVIDE transactions. The continuous standardisation of the transaction process also allowed us to involve a larger number of cooperative banks in this transactions, so that the DG HYP pool of EUR 501 million accounted for a smaller share of the total volume.

Provide-VR 2004-1 EUR mn % number of loans
Total 500,98 100,00 8.374
DG HYP 269,39 53,77
5.856
Bausparkasse Schwäbisch Hall AG 150,07 29,96 1.904
Volksbank Wetzlar-Weilburg eG 10,94 2,18 56
Vereinigte Volksbank eG 10,39 2,07 67
Volksbank eG Wolfsburg 9,92 1,98 67
Volksbank Achern eG 9,59 1,92 61
Volksbank Biberach eG 9,52 1,90 109
Raiffeisenbank Schwandorf-Nittenau eG 9,02 1,80 45
VR Bank Hof eG 8,30 1,66 74
Berliner Volksbank eG 5,91 1,18 37
Raiffeisen-Volksbank Fürth eG 4,13 0,82 45
Volksbank-Raiffeisenbank eG Husum-Eiderstedt-Viöl

3,81

0,76 53

 

Notice of the Replacement of the Transaction Account Bank
In the first Quarter 2010, following the downgrade below the required rating, the Bank of Ireland acting as Transaction Account Bank was replaced by DZ BANK AG, Deutsche Zentral-Genossenschaftsbank.