Company Announcement No. 109, 2020 - 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, 2021. At the auction bonds with a nominal amount of EUR 90m were sold at price 100.20. The bid-to-cover was 3.96.

The auction resulted in an add-on to the fixing of the EURIBOR3M interest rate of 0.24 %-points. This add-on will be valid for the whole maturity of the bond.

The coupon of the ISIN-code DK0002048974 NDAEURIBOR3 OA24RF will in the period 1 January 2021 to 31 March 2021 be set at 3-month EURIBOR quoted on 22 December 2020 multiplied by 365/360 plus an add-on of 0.24 %-points (the auction result).

For more detailed information please contact Nordea, Long Term Funding, Peter Brag at +45 33 33 16 63 or Lau Kingo at +45 33 33 17 51.
 

Yours faithfully

Nordea Kredit Realkreditaktieselskab