DLR Kredit is planning to launch its second senior secured issue later this month, a Dkr2bn (Eu268m) maximum deal, while Nykredit has become the first Danish mortgage bank to take advantage of legislative changes allowing §15 issuance out of RO capital centres.

Nordic issuers Pohjola Bank and Nordea tapped into a global rally to price senior unsecured issues in the euro and dollar markets, respectively, on Tuesday, with each achieving attractive levels, according to lead syndicate officials.

Fitch has made more conservative some of its criteria for analysing residential loans in Norway, it said on Monday.

Fanny Borgström, senior vice president and head of group funding at Nordea, is leaving the Nordic financial group in August.

LF Hypotek returned to the public euro covered bond market for the first time in nearly two years on Monday, selling a three times subscribed Eu500m seven year deal that was priced close to recent transactions by its larger peers, including Swedbank Mortgage last week.

Svenska Handelsbanken sold its first public sterling issue of the year on Tuesday, a well-received £400m three year floating rate note.