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 October 2013.
For a personal borrower with a 30Y annuity loan of DKK 1m (31.7% tax allowance), interest rate reset results in the following cash rates:
| ARMs founded by 1Y bonds (F1) DKK | ARMs founded by 3Y bonds (F3) DKK | ARMs founded by 5Y bonds (F5) DKK | |
| Key figures 2013 | |||
| Cash rate, with repayments | 0.49% | 1.01% | 1.68% |
| Cash rate, interest only | 0.49% | 1.00% | 1.70% |
| Key figures 2012 | |||
| Cash rate, with repayments | 0.38% | 0.68% | 1.22% |
| Cash rate, interest only | 0.38% | 0.68% | 1.23% |
For detailed information on the bond sales, please refer to nykredit.com/ir.
Enquiries may be addressed to Lars Mossing Madsen, First Vice President, 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.