Nordea Kredit Realkreditaktieselskab has auctioned covered mortgage bonds
to
refinance ARMs as per 1 April 2018 on 6 and 7 February 2018. The auction
results
are presented in the pdf-file attached.

For more detailed information
please contact Nordea Group Treasury & ALM, Peter
Brag phone no. +45 3333 1663
or Finn Nicolaisen phone no. +45 3333 1625.

Yours faithfully

Nordea Kredit
Realkreditaktieselskab