TDA No 29

For this particular TDA transaction, joint bookrunners Calyon and HSBC have teamed up to launch a
Eur814.9mlm prime RMBS deal backed by loans originated by Banco Guipuzcoano and Banca March
(for other TDA deals featuring either originator, use the Advanced Search function : Originator).

In total, the collateral pool consists of 6,405 loans, with only 7.79% of the portfolio corresponding to
second homes. All are plain vanilla mortgage loans, all paying with monthly direct debits. Although
there is some geographical concentration in the Balearic Islands (23.10%), Madrid (15.12%), and
Valencia (13.01%) regions, this is the norm when looking at regional-franchise banks, and is seen on
numerous Spanish RMBS transactions.

THe average loan size is Eur147,831 and seasoning is a respectable 1.64yrs. the current weighted
average LTV is 65.40% (TDA 27 & 28.. seasoning 2yrs & 23mnths ... LTV 63.0% & 66.2%)


Compare/contrast: TDA No.28, Bancaja 11 , Rural Hipotecario IX,
TDA No 28Bancaja 11 Rural Hipotecario IX