The Nykredit Group has conducted bond sales in connection with the refinancing of ARMs based on the "refinancing price" principle. The interest rates will be reset on 1 April 2014.
For a personal borrower with a 30Y annuity loan of DKK 1m, interest rate reset results in the following cash rates:
| ARMs funded by 1Y bonds (F1) DKK | ARMs funded by 3Y bonds (F3) DKK | ARMs funded by 5Y bonds (F5) DKK | ARMs funded by 1Y bonds (F1) EUR | |
| Key figures for 2014 | ||||
| Cash rate | 0,35% | 0,69% | 1,22% | 0,41% |
| Key figures for 2013 | ||||
| Cash rate | 0.44% | 0.78% | 1.28% | 0.51% |
For detailed information on the auction results, please refer to nykredit.dk and totalkredit.dk. For information on the bond sales, please refer to nykredit.com/ir.
Enquiries may be addressed to Lars Mossing Madsen, Group Treasury, tel +45 44 55 11 66, or Nels Petersen, Head of Corporate Communications, tel +45 44 55 14 70/+45 20 22 22 72.