Company Announcement No. 129, 2018 – TAP Auctions of covered mortgage bonds in Nordea Kredit Realkreditaktieselskab Friday, 21.12.2018.
Nordea Kredit conducts a number of TAP auctions in Bloomberg during Friday, 21 December 2018.
Currently, Nordea Kredit estimates to sell the following amounts of covered mortgage bonds:
| ISIN | Name | Expected amount DKKm |
Expected auction time |
| DK0002036292 | NDA 1% Oct. 2021 | Approx 500 – 700 | 10.00 |
| DK0002041029 | NDA 1% Oct. 2023 | Approx 1,700 – 1,900 | 10.30 |
| DK0002041532 | NDA Cibor 1/7/2022 | Approx 800 – 1.000 | 11.15 |
| DK0002041458 | NDA Cita 1/7/2023 | Approx 600 – 800 | 11.30 |
Further Nordea Kredit expect to sell about 400 – 600 DKKm in 10-30 year callable bonds
At the above-mentioned large auctions in the table, 15 minutes notice is given before each auction.
Bids can be made for multiples of DKK 100 million.
Other ISIN codes, including callable bonds, will be auctioned during the day with 2 minutes notice.
Nordea Kredit is not obliged to sell the full announced amounts at the auctions and may choose to split the auctions mentioned above in smaller parts.
All bonds are sold with settlement 28 December 2018.
For more detailed information please contact Nordea, Long Term Funding, Peter Brag phone +45 3333 1663.
Best regards
Nordea Kredit Realkreditaktieselskab
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