No. 102, 2024 - Result of the auction of EURIBOR3 covered mortgage credit bonds

Nordea Kredit Realkreditaktieselskab has today completed the auction of covered mortgage credit bonds (SDRO) to refinance floating rate loans by 1 January 2025. At the auction bonds with a nominal amount of EUR 64m were sold at price 100.20. The bid-to-cover was 3.03.

The auction resulted in an add-on to the fixing of the EURIBOR3M interest rate of 0.53%-points. This add-on will be valid for the whole maturity of the bond.

The coupon of the ISIN-code DK0002061480 NDAEURIBOR3 OA28 will in the period 1 January 2025 to 31 March 2025 be set at 3-month EURIBOR quoted on 19 December 2024 multiplied by 365/360 plus an add-on of 0.53%-points (the auction result).

For more detailed information please contact Nordea, Long Term Funding, Peter Brag at

+45 33 33 16 63 or Arni Karstin Bjarnason at +45 33 33 18 21.

Yours faithfully

Nordea Kredit Realkreditaktieselskab