France

Caisse de Refinancement de l'Habitat (Last update 25/04/2017)

La Boetie , 35
75008 PARIS

http://www.crh-bonds.com

CRH is a Credit Institution of which equity belongs to French Banks.


CRH was created in 1985 by the French Government with State explicit guarantee as a central agency in order to issue bonds in the specific legal framework of art 13 of law 85-685 of July 1985 for refinancing residential mortgage home loans granted by the French banking system. Today, instead of State guarantee, the French law grants to CRH’s bondholders a privilege on CRH’s secured loans to banks.


CRH’s loans to banks have the same characteristics as those of CRH’s bonds. Refinanced loans remain on the borrowing banks' balance sheet, but are pledged as collateral for covering CRH’s loans to banks with a minimum of 25% over-collateralisation. In the event of a borrowing bank default, provisions of French law give CRH the full ownership of these loans, without any formality, notwithstanding any provision to the contrary.

CRH IS DIFFERENT FROM OTHER COVERED BONDS ISSUERS:

1. CRH does not borrow for its own account but for the account of French banks in a special framework dedicated to it.

2. CRH is a credit institution whose sole object is to pool borrowings and to add soundness.

3. CRH benefits from cross commitments of French’s banks, to supply cash advances and capital contributions.

CONTACT LIST

Name Surname Function E-mail
NOCART Marc CEO marc.nocart@crh-bonds.com

POOL PROGRAMS LIST

Identifier Country Model Harmonised trans. templ. Harmonised Transparency Template Type
CRH CRH Go to website Mortgage

BOND LIST

  ISIN Pool
Identifier
Initial Date
of Issuance
Maturity Date Face value* Coupon Syn. Listed Tapped Ext. EEA** LCR***
CH0184777255 CRH 23/05/2012 21/09/2017 EUR * 186,237,080 Fixed Yes Yes No No Yes No
FR0010591578 CRH 10/03/2008 25/10/2017 EUR 2,275,000,000 Fixed Yes Yes Yes No Yes 1
FR0010345181 CRH 30/06/2006 25/04/2018 EUR 3,975,500,000 Fixed Yes Yes Yes No Yes 1
CH0148606079 CRH 05/03/2012 05/03/2019 EUR * 256,075,985 Fixed Yes Yes No No Yes No
FR0010744904 CRH 08/04/2009 08/04/2019 EUR 2,793,000,000 Fixed Yes Yes Yes No Yes 1
FR0010857672 CRH 19/02/2010 19/02/2020 EUR 2,000,000,000 Fixed Yes Yes Yes No Yes 1
FR0010910240 CRH 22/06/2010 22/06/2020 EUR 2,100,000,000 Fixed Yes Yes Yes No Yes 1
FR0010989889 CRH 18/01/2011 18/01/2021 EUR 1,880,750,000 Fixed Yes Yes Yes No Yes 1
CH0125062262 CRH 29/03/2011 29/03/2021 EUR * 488,872,335 Fixed Yes Yes Yes No Yes 2A
FR0011108976 CRH 13/09/2011 13/09/2021 EUR 1,500,000,000 Fixed Yes Yes No No Yes 1
FR0011057306 CRH 08/06/2011 10/01/2022 EUR 2,091,700,000 Fixed Yes Yes Yes No Yes 1
CH0184777271 CRH 23/05/2012 23/05/2022 EUR * 162,957,445 Fixed Yes Yes No No Yes No
FR0011178946 CRH 17/01/2012 17/06/2022 EUR 2,000,000,000 Fixed Yes Yes No No Yes 1
FR0010945451 CRH 23/09/2010 23/09/2022 EUR 2,200,000,000 Fixed Yes Yes Yes No Yes 1
FR0011011188 CRH 24/02/2011 24/02/2023 EUR 2,900,000,000 Fixed Yes Yes Yes No Yes 1
FR0011133008 CRH 20/10/2011 20/10/2023 EUR 1,381,325,000 Fixed Yes Yes No No Yes 1
CH0148606137 CRH 05/03/2012 05/03/2024 EUR * 325,914,890 Fixed Yes Yes No No Yes 2A
FR0011213453 CRH 08/03/2012 08/03/2024 EUR 2,500,000,000 Fixed Yes Yes Yes No Yes 1
FR0011388339 CRH 17/01/2013 17/01/2025 EUR 1,500,000,000 Fixed Yes Yes No No Yes 1
CH0204477290 CRH 15/03/2013 15/03/2023 EUR * 186,237,080 Fixed Yes Yes No No Yes No
FR0011443985 CRH 20/03/2013 25/10/2019 EUR 710,000,000 Fixed Yes Yes No No Yes 1
CH0212937244 CRH 26/06/2013 26/06/2025 EUR * 139,677,810 Fixed Yes Yes No No Yes No
1 - 22 of 22 First | < Previous | Next > | Last

(*) Please note that the face value of this bond has been converted into EUR values on the 15th of January of the current year (where the exchange rate protocol takes the ECB bilateral exchange rate on the last business day of the previous year) in order to facilitate the comparison across issuances and to increase the overall transparency of the website. Nevertheless, you will be able to check the original currency by directly clicking on the covered bond.

(**) European Economic Area (EEA) or non-EEA. While all the non-EEA labelled programmes’ quality standards will be fully aligned to the Covered Bond Label Convention, to Article 129 of the Capital Requirements Regulation (CRR) and to the definitions in the Liquidity Coverage Requirements (LCR) with the exception of being based in the EEA, i.e. they will present similar legislative safeguards from a qualitative and supervisory point of view to those in Europe, these bonds will present different characteristics, for example in terms of risk weights. Therefore, non-EEA Labels will be identified on the Label website by using a different graphic solution.

(***) The issuer believes that, at the time of its issuance and based on transparency data made publicly available by the issuer, this bond would satisfy the eligibility criteria for its classification as a Level 1 or Level 2 asset in accordance with Chapter 2 of the LCR delegated act. It should be noted that whether or not a bond is a liquid asset for the purposes of the Liquidity Coverage Ratio under Regulation (EU) 575/2013 is ultimately a matter to be determined by a relevant investor institution and its relevant supervisory authority and the issuer does not accept any responsibility in this regard.

Sustainable covered bond. A Covered Bond Labelled sustainable covered bond is a covered bond that is fully compliant with the Covered Bond Label Convention, and also includes a formal commitment by the issuer to use an amount equivalent to the proceeds of that same covered bond to (re)finance loans in clearly defined environmental (green), social or a combination of environmental and social (sustainable) criteria. Covered Bond Labelled sustainable covered bond programs are based on their issuer’s sustainable bond framework which has been verified by an independent external assessment. The issuer strives, on a best efforts basis, to replace eligible assets that have matured or are redeemed before the maturity of the bond by other eligible assets.
[Against this background, please note that the EMF-ECBC is currently working on market initiatives which will ultimately define European criteria for energy efficiency covered bonds and sustainability standards]

Your information

   

By clicking 'Download' you: (i) agree to abide by the Terms of Use; (ii) warrant that you will only use the downloaded information for your personal use or internal business purposes (unless with the prior written consent of the Covered Bond Label Foundation); and (iii) will indemnify and hold the Covered Bond Label Foundation harmless against any claims by third parties in relation to the downloaded information.

By clicking 'Download' you: (i) agree to abide by the Terms of Use; (ii) warrant that you will only use the downloaded information for your personal use or internal business purposes (unless with the prior written consent of the Covered Bond Label Foundation); and (iii) will indemnify and hold the Covered Bond Label Foundation harmless against any claims by third parties in relation to the downloaded information.

IMPORTANT NOTICES

(i) The Product Information displayed on this Site has been uploaded by the Issuers of the relevant Products. None of the information displayed on this Site shall form the basis of any contract. Any User of this Site will be required to acknowledge that it has not relied on, or been induced to enter into any contract by, any representation or warranty.

(ii) The Covered Bond Label Foundation has not independently verified the Product Information displayed on this Site. Accordingly, no representation, warranty or undertaking, express or implied, is made, and no responsibility is accepted, by the Covered Bond Label Foundation as to or in relation to the accuracy or completeness or otherwise of such Product Information."

(iii) The information provided on or accessible through the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction where such distribution or use would be contrary to local law, or which would subject us or any Issuer, to any authorisation, registration or other requirement within such jurisdiction. You agree not to use or export the information or materials available on or through this Site in violation of laws in your jurisdiction.

TERMS OF USE

SECTION A. INVESTOR T&Cs

1. DIRECTORY SERVICES


2. USE OF MATERIALS


3. LINKS FROM AND TO OUR SITE


SECTION B. ISSUER T&Cs

1. DIRECTORY SERVICES AND LABEL


2. PRODUCTS


3. UPLOADING INFORMATION TO OUR SITE


4. LINKING TO OUR SITE


5. SECURITY


6. DOWNLOADING OF ISSUER PROFILES FROM OUR SITE


SECTION C. GENERAL T&Cs

1. SITE ACCESS


2. INTELLECTUAL PROPERTY


3. SITE CHANGES


4. OUR LIABILITY


5. INFORMATION ABOUT YOU AND VISITS TO OUR SITE


6. VIRUSES, HACKING, OTHER OFFENCES


7. JURISDICTION AND APPLICABLE LAW


8. VARIATIONS


9. CONTACTS


SECTION D. CBFL ACCEPTABLE USE POLICY


1. PROHIBITED USES

You may use the Site for lawful purposes only. You may not use the Site:


You also agree:


2. CONTENT STANDARDS


Information must:


Information must not:


3. SUSPENSION AND TERMINATION

We will determine, at our sole discretion, whether your use of the Site has caused a breach of the Policy. When a breach of the Policy has occurred, we may take such action as we deem reasonable.

Failure to comply with the Policy will constitute a material breach of our Terms of Use upon which you are permitted to use the Site, and may result in us taking any of the following actions:


4. DOWNLOADING AND USE OF INFORMATION FROM OUR SITE


5. CHANGES TO THE POLICY

We may revise the Policy at any time by amending this page. You are expected to check this page from time to time to take notice of any changes we make, as they are legally binding on you. Some of the provisions contained in the Policy may also be superseded by provisions or notices published elsewhere on the Site.

SECTION E. CBFL PRIVACY POLICY


1. INFORMATION COLLECTION AND PROCESSING

We may collect and process the following information about you:


This information may include personal information (such as your name or title) and we will only process such personal information for the purposes set out in paragraph 2 below in accordance with the Belgian DPL


2. INFORMATION USE

We may collect and process your personal information for the following purposes:


If you do not want us to use your information in this way, or to pass your details on to third parties for marketing purposes, you can refuse consent to such processing by ticking the relevant box situated on the form on which we collect your information.

3. TRANSFER AND STORAGE OF PERSONAL INFORMATION


4. SECURITY


5. YOUR RIGHTS


6. CHANGES TO OUR PRIVACY POLICY


7. CONTACT