Premium matrix: export credits exceeding 12 months

The tariff shows both an interval and a standard premium rate. Guarantees for smaller transactions are often priced at the standard rate. Guarantees for larger transactions are more usually priced within the entire interval. Degree of cover, currency and credit interest rate level affect the annual premium rate allocated.

The premium applied and debtor classification is determined by the transaction as a whole. This means that premium and debtor category are not only affected by the country risk category and the borrower’s own creditworthiness, but also by the amount, how the transaction is structured, and the security offered. Consequently, depending on the amount and the structure, the premiums for two transactions involving the same company can be set differently.

Country risk category 0 - 7 Debtor category A - F

		A+ SOV+	A SOV/CCO	B CC1	C CC2	D CC3	E CC4	F CC5
0	Standard Intervall		5	15 10-25	40 25-70	100 70-130	170 130-240	330 240-500
1	Standard Intervall	MPR-10% -10%	MPR 15	20 15-30	45 30-80	110 80-140	180 140-250	340 250-500
2	Standard Intervall	MPR-10% -10%	MPR 20-30	45 30-60	75 60-100	130 100-160	200 160-270	360 270-500
3	Standard Intervall	MPR-10% -10%	MPR 45-65	75 65-90	120 90-140	165 140-195	220 195-300	380 300-500
4	Standard Intervall	MPR-10% -10%	MPR 80-120	140 120-155	165 155-180	190 180-240	260 240-320	400 320-500
5	Standard Intervall	MPR-10% -10%	MPR 120-160	185 160-200	215 200-230	240 230-280	300 280-365	420 365-500
6	Standard Intervall	MPR-10% -10%	MPR 160-225	240 225-245	260 245-280	300 280-320	345 320-390	440 390-500
7	Standard Intervall	MPR-10% -10%	MPR 200-285	300 285-310	315 310-340	360 340-390	425 390-440	460 440-500

 

Debtor categories

The debtor in a transaction is placed in a category from A to F. Category A contains the country’s strongest debtors. Category F contains the weakest. Below is a description of how debtors are usually categorised. However, companies, banks and public borrowers can be placed in any category.

A -	Central bank/Ministry of Finance etc.
B -	Central government agencies and ministries, state-owned banks etc.
C -	First class companies, normal banks, other public debtors
D -	Normal companies, weak banks
E -	Weak companies, project risks with certain types of collateral
F -	Newly established/weak companies, project risks