No. 48, 2024 - Results of the auctions for refinancing as per 1 July 2024 in Nordea Kredit
Nordea Kredit Realkreditaktieselskab has on 21 and 22 May 2024, auctioned covered mortgage credit bonds to refinance CIBOR-based loans as per 1 July 2024.
The auction results can be seen in the table below:
|
|
|
|
Amount |
|
|
|
|
|
|
|
offered |
|
|
|
|
Date |
Bond |
ISIN |
DKK mn |
BtC |
Add-on %-points
|
|
|
Tuesday, 21 May 2024 |
3.90% NDACIB6GOAJA27 |
DK0002060672 |
7,500 |
5.63 |
-0.04% |
|
|
Wednesday, 22 May 2024 |
3.95% NDACIB6OAJA28 |
DK0002060599 |
17,600 |
4.12 |
0.02% |
|
|
Total |
|
|
25,100 |
|
|
|
The add-on is valid for the full maturity of the bonds.
To illustrate how the coupon is calculated:
The coupons for the covered mortgage credit bond are in the period 1 July 2024 to 31 December 2024 fixed in this way: 6 month CIBOR per 25 June 2024 multiplied by 365/360 plus the add-on (the auction results). The interest rate is rounded to two decimals.
Questions in connection with the auctions may be directed to Nordea, Long Term Funding, Peter Brag at +45 33 33 16 63 and Arni Karstin Bjarnason at +45 33 33 18 21.
Kind regards
Nordea Kredit Realkreditaktieselskab