On 14 July 2008, Nykredit Bank A/S issues a new structured bond ("0% NB
GuldOlieDollar 2010") with a maturity of two years. The issue has been arranged
by Nykredit Bank A/S.
The bonds do not pay interest, but will generate a variable return from 14 July
2008 to 14 July 2010, both dates included. This return corresponds to the
participation rate multiplied by the development in the three underlying assets
(gold, oil and the currency cross USD/DKK). The bond will be redeemed at
maturity as a minimum at par (100).
The bond is issued at an issue price of 105 and pays no coupon. The
participation rate which is at least 130% will be fixed on 7 July 2008 and will
subsequently be published through the OMX Nordic Exchange Copenhagen.
The subscription period for the bonds is 23 June 2008 to 4 July 2008, both
dates included. The size of the initial issue will be determined on 7 July
2008.
Settlement of the bonds will take place after three banking days against
registration with VP Securities Services (Værdipapircentralen).
An application for admission of the bonds to trading on the OMX Nordic Exchange
Copenhagen as at 14 July 2008 will be made, subject to a minimum subscription
of a nominal DKK 10 million. The bonds will be redeemed in full on 14 July
2010. The bonds have the following ISIN: DK0030087705.
A prospectus will be available from 20 June 2008 which may be obtained from
Nykredit Bank, Kalvebod Brygge 1-3, DK-1780 Copenhagen K, tel +45 44 55 19 52.
The prospectus will also be published through the OMX Nordic Exchange
Copenhagen.
Yours sincerely
Nykredit Bank
