To
NASDAQ Copenhagen A/S

 Executive Board
Lersø Parkalle 100
DK-2100 København Ø
www.rd.dk

 

Telephone +45 7012 5300




 

 
5 April 2019



Company Announcement number 34/2019

Auction of mortgage covered bonds for the refinancing of RD Cibor6®, FlexKort® and RD Euribor3®


Realkredit Danmark will hold an auction on SDRO’s for the refinancing of RD Cibor6®, FlexKort® and RD Euribor3® as of 1 July 2019. The auctions will be held on Tuesday, 28 May 2019.

As previously announced, Realkredit Danmark has opened two 4-year mortgage covered bonds (SDROs) without an interest rate floor for the refinancing of RD Cibor6® and FlexKort®, respectively. The bonds will be used for new loan offers at a later stage. At the auctions, investors make their bids on the spread to CIBOR 6M and CITA 6M, respectively.

A 4-year mortgage covered bond (SDRO) with an embedded interest rate floor has been opened for the refinancing of RD Euribor3®. The bond will be used for new loan offers after the refinancing. At the auction, investors are expected to make their bids on the bond price.

The terms and conditions as well as the preliminary amount of bonds to be refinanced are set out in the appendix to this announcement.

The final amounts to be auctioned will be announced early May.


The Executive Board


Any additional questions should be addressed to Christian Rosenstand, Head of RD Funding, phone +45 45 13 20 19.

Attachments