Ringkjøbing Landbobank has entered into a joint funding arrangement with BRFkredit whereby the mortgage bank will finance the regional bank’s real estate loans through SDOs.

Crédit Agricole CIB Senior Covered Bond Analyst Florian Eichert looks at the possible outcomes for Aktia Real Estate Mortgage Bank covered bondholders in light of the Finnish issuer’s plans to issue through Aktia Bank and a possible liability management exercise.