Nykredit and Totalkredit Auction Schedule Overview
Nykredit Group is gearing up for significant auctions focused on refinancing adjustable-rate mortgages and floating-rate loans. These auctions will occur from the 4th to the 7th of February in 2025, specifically targeting loans in both DKK and EUR currencies. A total bond sale of up to DKK 60 billion is anticipated, though final amounts may fluctuate based on prepayments and refinancing changes as the date approaches.
Detailed Auction Time Schedule
Understanding the timing of the auctions is crucial for participants. Here is the expected schedule of auction activities:
Dates and Auction Times
The auctions will occur in the following manner:
- 4th February: First auction with bidding closing at 10:30, allotment at 10:40.
- 5th February: Second auction with bidding closing at 11:30, allotment at 11:40.
- 6th February: Third auction with bidding closing at 13:00, allotment at 13:10.
Key Auction Details and Updates
On 4th February 2025, specific details regarding the auction amounts and operational time frames will be released. Once the auctions are underway, real-time updates will be provided consistently on the Nykredit Group’s investor relations page, ensuring all interested parties have access to timely information.
Contact Information for Inquiries
For those with questions about the bond sales process or any technical aspects related to the auctions, assistance can be obtained by reaching out to Nykredit Realkredit A/S, Group Treasury. Christian Mauritzen is available at +45 44 55 10 14 to provide the necessary support.
Frequently Asked Questions
What types of loans are being refinanced in the upcoming auctions?
The auctions will cover adjustable-rate mortgages as well as floating-rate loans in DKK and EUR.
When will the auction amounts be announced?
The auction amounts and specific details will be unveiled on 4th February 2025.
How can I participate in Nykredit's auctions?
Interested parties should prepare to bid during the specified auction times of 4th to 7th February 2025.
Who can I contact for more information regarding the auctions?
Questions can be directed to Christian Mauritzen at Nykredit Realkredit A/S, Group Treasury at +45 44 55 10 14.
Where can I find updates on the auction process?
Updates and additional information will be available on the Nykredit investor relations website.
