Company Announcement No. 108, 2012 - Auction of covered mortgage bonds in Nordea Kredit Realkreditaktieselskab
The refinancing of Nordea Kredit’s adjustable rate mortgages maturing on 1 January 2013 will be carried out by an auction of covered mortgage bonds (SDRO).
The dates of the auction and the terms and conditions were published in company announcement No. 93 to the NASDAQ OMX Copenhagen on 24 September 2012.
The auctions will take place Monday 19 November up to and including Tuesday 27 November 2012.
The bonds are rated Aaa by Moody’s and AAA by Standard & Poor’s,
The auctions will open daily at 09:00 and close at 10:00 and 12:00, respectively with allocation of accepted bids at 10:10 and 12:10, respectively.
The settlement date is 2 January 2013.
Auction results as well as calculated interest rates will be published daily at: nordeakredit.dk, “Investor Information” and at: Nordea.dk/nyrente.
The auctions will be executed according to the timetable in the PDF-file.
For more detailed information please contact Nordea Group Funding, Finn Nicolaisen on phone no. +45 3333 1625 or Peter Brag on phone no. +45 3333 1663.
Nordea Kredit Realkreditaktieselskab