Company Announcement No. 117, 2018 - 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, 2019. At the auction bonds with a nominal amount of EUR 450m were sold at price 100.20. The bid-to-cover was 3.29.
The auction resulted in an add-on to the fixing of the EURIBOR3M interest rate of
0.27 %-points. This add-on will be valid for the whole maturity of the bond.
The coupon of the ISIN-code DK0002043231 NDAEURIBOR3 OA22RF will in the period
1 January 2019 to 31 March 2019 be set at 3-month EURIBOR quoted on 19 December 2018
multiplied by 365/360 plus an add-on of 0.27 %-points (the auction result).
For more detailed information please contact Nordea Long Term Funding, Peter Brag phone no. +45 3333 1663 or Finn Nicolaisen phone no. +45 3333 1625.
Nordea Kredit Realkreditaktieselskab