Aktia Real Estate Mortgage Bank issued a covered bond valued at EUR 150 million
Aktia Bank Plc
Press release
23.10.2009 at 12 noon
Aktia Real Estate Mortgage Bank issued a covered bond valued at EUR 150 million
Aktia Real Estate Mortgage Bank carried out its third funding transaction this
year when issuing a covered bond on the international capital markets. Both
domestic and foreign investors showed strong interest to subscribe.
The maturity in the issue is three years and it pays a fixed coupon rate of
interest of 4.75%.
The housing loan portfolio of Aktia Real Estate Mortgage Bank continues to
increase this year, and the total portfolio amounted to more than EUR 2,400
million at the end of June.
AKTIA REAL ESTATE MORTGAGE BANK PLC
For further information, please contact
Martti Porkka, Managing Director, tel. +358 10 247 7201
From:
Anders Wikström, Information Officer, tel. +358 10 247 6294
Distribution:
Mass media