Nordea Kredit Realkreditaktieselskab has today completed the auction of covered
mortgage bonds (SDRO) to refinance floating rate loans by January 1, 2019. At
the auction bonds with a nominal amount of EUR 450m were sold at price 100.20.
The bid-to-cover was 3.29.
The auction resulted in an add-on to the fixing of the EURIBOR3M interest rate
0.27 %-points. This add-on will be valid for the whole maturity of the bond.
The coupon of the ISIN-code DK0002043231 NDAEURIBOR3 OA22RF will in the period
1 January 2019 to 31 March 2019 be set at 3-month EURIBOR quoted on 19 December
multiplied by 365/360 plus an add-on of 0.27 %-points (the auction result).
For more detailed information please contact Nordea Long Term Funding, Peter
Brag phone no. +45 3333 1663 or Finn Nicolaisen phone no. +45 3333 1625.
Nordea Kredit Realkreditaktieselskab