SCBC
in Sweden 🇸🇪
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About SCBC in Sweden
SCBC (AB Sveriges Säkerställda Obligationer (publ)), known as The Swedish Covered Bond Corporation, is a specialized credit market company in Sweden licensed to issue covered bonds. It is a wholly-owned subsidiary of SBAB Bank AB, which is itself wholly owned by the Kingdom of Sweden through the Swedish Government Offices. SCBC specializes exclusively in issuing Swedish covered bonds (säkerställda obligationer) backed by high-quality mortgage assets.
The institution serves as the covered bond issuance vehicle for SBAB's lending operations, primarily financing residential mortgages through capital market funding.