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New fixed-rate bonds - Nykredit Realkredit A/S

September 13, 2024 6:02 AM EDT

To Nasdaq Copenhagen A/S

13 September 2024   

New fixed-rate bonds

Nykredit opens the following new fixed-rate bonds.

  • 3.5% 30-years annuity
  • 3.5% 20-years annuity

The new bonds will be used to fund lending in Totalkredit A/S and Nykredit Realkredit A/S.

The opening of new bonds is driven by the recent decline in interest rates. The current 20-year bond with a 4 per cent coupon is trading above par today, and at the same time, the 30-year bond is approaching a level where there's a risk it will close for new loan offers. By opening two new bonds, we ensure that we can offer customers a fixed-rate product with amortization in both maturities.

The Final Bond Terms will be published in separate stock exchange announcement.

Questions may be addressed to Christian Mauritzen, tel +45 44 55 10 14, or Lars Mossing Madsen, tel +45 44 55 11 66.

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