Nykredit and Totalkredit have concluded the bond sale in connection with the refinancing of loans for which interest rate adjustment will take place on 1 January 2008 according to the 10-Day Average Price principle. In the interest rate adjustment period, bonds worth a nominal DKK 63.4bn and EUR 1.9bn have been sold. In spite of the credit crisis, the refinancing auctions saw high demand and had an average bid-to-cover rate of 3.8. The considerable demand and attractive prices emphasise that the Danish mortgage system also works efficiently in times with turbulence in the international financial markets.
Attachments
Recommended Reading
-
To Nasdaq Copenhagen 25 June 2026 Nykredit Realkredit A/S – New final terms for Euro Medium Term NoteProgramme Nykredit Realkredit A/S publishes final terms for an issue of EUR...
Read More -
To Nasdaq Copenhagen FIXING OF COUPON RATES 25 June 2026 Fixing of coupon rates effective from 1 July 2026 Effective from 1 July 2026, the coupon rates of floating-rate bonds issued by...
Read More