Interest cover

For composition of the loan portfolio, Intervest’s strategy consists of achieving a ratio of 20% borrowed capital with a variable interest rate and 80% borrowed capital with a fixed interest rate.

As at 30 September 2023 Intervest concluded interest rate swaps for a total notional amount of € 420 million. In addition, Intervest has credit facility agreements with a fixed interest rate for a total amount of € 177 million with an initial duration of 10 years, 8 years, 7 yeard and 5 years.

72% of Intervest’s credit lines consist of financing with fixed interest rate or financing fixed by interest rate swaps, 28% includes a variable interest rate.

The hedging ratio of withdrawn financing is 86% and 14% of the financing is at a variable interest rate.