Bavarian Sky China 2018-2: 09 December 2018

This will be BMW’s tenth Chinese auto deal, and the first transaction with a revolving period.

At the pool cut-off date the portfolio consisted of 31,475 loans advanced to 31,472 private borrowers, and all to buy new vehicles. Average size of balloon payment (as % of pool balance) - 59.86%. Borrower concentration: Top 1 - 0.02%; Top 10 - 0.17%; Top 20 - 0.33%. Contrast type: fully amortizing – 75.38%, balloon – 24.62%. Interest rate type: fixed – 57.39%, floating – 42.61%. The LTV was 62.68% at origination, and the WA seasoning is 8.19 months