No. 4, 2024 - Auction of covered mortgage bonds in Nordea Kredit Realkreditaktieselskab
With the refinancing of Nordea Kredit Realkreditaktieselskab's adjustable rate mortgages (ARMs) as of 1 April 2024 an electronic auction will be held in February 2024. The ARMs will be refinanced in covered mortgage bonds (SDRO). Nordea Danmark will conduct the auction. The Auction The auction will be held in the auction market for mortgage bonds at NASDAQ Copenhagen. The Dutch (hidden call) auction principle will be applied, implying that where bids exceed the cut-off price, the full amount will be allocated at the cut-off price. Bids made at the cut-off price may be