Upcoming Auction for Mortgage Bonds from Realkredit Danmark

Upcoming Auction of Mortgage Covered Bonds
Realkredit Danmark has recently announced exciting plans regarding the auction of mortgage covered bonds, also known as SDRO's. This auction is primarily focused on refinancing for RD Cibor6. The auction is scheduled to take place on 26 May 2025, and it promises to draw significant interest from investors due to its competitive terms.
Details of the Auction
The auction will pave the way for refinancing under RD Cibor6, starting from 1 July 2025. Realkredit Danmark is preparing to launch a new mortgage covered bond specifically for these refinancing operations, providing opportunities for new loan offers in the future.
Investor Participation
At the auction, investors will have the chance to make bids based on the spread to CIBOR 6M. This approach allows for a flexible bidding process, encouraging competitive offers from various participants in the financial market.
Key Characteristics of the New Bond
The specific characteristics and terms of the new bond will be detailed in an appendix, which will be published alongside the final announcement of the prospectus. As the date of the auction approaches, investors can expect more detailed information to emerge, ensuring transparency throughout the process.
Amount to Be Auctioned
While the preliminary amount of bonds to be refinanced will be listed in the appendix, the finalized amount of bonds up for auction will be announced in early May. This keeps the investors informed and helps them strategize their bidding accordingly.
Communication and Contact Information
The Executive Management of Realkredit Danmark encourages potential bidders and interested parties to reach out with any questions. For detailed inquiries, Christian Rosenstand, Head of RD Funding, is available for contact at +45 45 13 20 19. This ensures that all interested parties have access to the information they need to make informed decisions.
Frequently Asked Questions
What is the purpose of the auction?
The primary goal of the auction is to refinance loans under RD Cibor6 through the issuance of new mortgage covered bonds.
When will the auction take place?
The auction is scheduled for 26 May 2025, with refinancing activities commencing on 1 July 2025.
How can investors participate in the auction?
Investors can place bids based on the spread to CIBOR 6M during the auction, fostering a competitive bidding environment.
Where can I find more details about the new bond?
Further details regarding the new bond, including its characteristics, will be shared in an appendix and announced closer to the auction date.
Who can I contact for more information?
For inquiries, you can contact Christian Rosenstand, Head of RD Funding, at +45 45 13 20 19 for assistance.
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