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Upcoming Changes to Coupon Rates for Nykredit Bonds

Upcoming Changes to Coupon Rates for Nykredit Bonds

Adjustments to Coupon Rates Effective January 2025

Nasdaq Copenhagen has announced changes that will affect the coupon rates on floating-rate bonds issued by Nykredit Realkredit A/S and Totalkredit A/S. As we move into the new year, these adjustments are set to take effect on 1 January 2025.

Bonds with Semi-Annual Interest Rate Fixing

For bonds that fix their interest rates twice a year, the new coupon rates will be in force from 1 January 2025 through to 30 June 2025. This adjustment is a significant consideration for investors holding these types of bonds.

Uncapped Bonds

The bonds affected include: DK0009538498 (32H), scheduled to mature in 2025, which will have a new rate set at 2.9369% per annum; DK0009541609 (32G), maturing in 2026, adjusting to 2.8558% per annum; and DK0009547218 (32G), maturing in 2028, also reflecting a new rate of 2.8558% per annum as of January 2025.

Bonds with Quarterly Interest Rate Fixing

Another set of adjustments will also take place for bonds that fix their interest rates on a quarterly basis. The updated coupon rates for this category will be applicable from 1 January 2025 to 31 March 2025.

Uncapped Bonds

These bonds include a broader selection: DK0009518896 (32H), maturing in 2027, with a new rate of 2.9639% per annum; DK0009536443 (32H), expiring in 2025, now at 2.8017% per annum; DK0009536526 (32G), also maturing in 2025, which will be adjusting to 2.9436% per annum; and DK0009538225 (32H), maturing in 2025, set to 2.9132% per annum, among many others.

The other bonds affected in this category will adjust their rates accordingly, with varying ages and maturities reflected in their respective new coupon rates. Investors should review the details closely, especially in relation to their current portfolios.

Contact for Queries

For any questions regarding these bond adjustments, investors are encouraged to reach out to Investor Relations. You can contact them at investor_relations@nykredit.dk. Additionally, Peter Klaaborg is available at +45 44 55 14 94 for any press inquiries, ensuring that investors have access to the information they need regarding these important changes.

Frequently Asked Questions

What are the new coupon rates for Nykredit Realkredit bonds?

The new coupon rates vary by bond and depend on the maturity date, with some set to as high as 2.9639% per annum.

When do these new rates take effect?

These changes will be effective from 1 January 2025, impacting both semi-annual and quarterly fixing bonds.

Who can I contact for more information on these adjustments?

For questions, you can reach out to Investor Relations via email or contact Peter Klaaborg for immediate assistance.

How often are coupon rates on these bonds adjusted?

Coupon rates may be fixed semi-annually or quarterly depending on the bond structure and respective agreements.

What types of bonds are affected by these changes?

Both uncapped floating-rate bonds with semi-annual and quarterly fixing schedules will see adjustments to their coupon rates, reflecting the changes announced.

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