Company Announcement No. 116, 2021 - Result of the auction of EURIBOR3 covered mortgage bonds
Nordea Kredit Realkreditaktieselskab has today completed the auction of covered mortgage bonds (SDRO) to refinance floating rate loans by January 1, 2022. At the auction bonds with a nominal amount of EUR 280m were sold at price 100.20. The bid-to-cover was 3.82. The auction resulted in an add-on to the fixing of the EURIBOR3M interest rate of 0.15 %-points. This add-on will be valid for the whole maturity of the bond. The coupon of the ISIN-code DK0002052497 NDAEURIBOR3 OA25RF will in the period 1 January 2022 to 31 March 2022 be set at 3-month EURIBOR quoted on 23