Slovenska Sporitelna Covered Bonds

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In June 2019, EBRD approved investments in a series of EUR-denominated mortgage covered bonds to be issued by Slovenska sporiteiia, a.s. ("SLSP") under the EBRD Covered Bond Framework II for Slovakia. In June 2019, the EBRD invested in the first EUR 500 million benchmark covered bond issuance of SLSP with a 7-year tenor. The EBRD participation was EUR 40 million with 60% of EBRD investment to be allocated to green projects in line with the Bank's Green Economy Transition ("GET") approach. In April 2022, the EBRD subscribed EUR 55 million in the EUR 500 million benchmark covered bond issuance of SLSP with a 5-year tenor. 100% of the proceeds were to be directed to green sub-projects in line with EBRD GET criteria. In August 2023, the EBRD invested EUR 25 million in covered bond issuance of SLSP, in a total amount of EUR 500 million and a 4-year tenor. 100% of the proceeds to be directed to green sub-projects in line with EBRD GET criteria. All bonds are listed on Bratislava Stock Exchange.