Posts Tagged ‘
BRFkredit ’
Sep 4th, 2014
DLR Kredit is close to bringing to an end the latest round of refinancing auctions by Denmark’s mortgage credit institutions (MCIs), having today (Thursday) finished its auctions of one year ARM bonds, while BRFkredit has said it is pleased with the response to its new, pre-financed bonds.
Posted in Denmark
Tags: ARMs, BRFkredit, covered bonds, Danish, Denmark, DLR Kredit
Aug 28th, 2014
Nordea Kredit wrapped up three days of refinancing auctions of adjustable rate mortgage (ARM) bonds today (Thursday), while BRFkredit and Nykredit have one day left, with “extreme” spread stability to slight tightening and curve flattening flagged as notable aspects of the sales.
Posted in Denmark
Tags: ARMs, BRFkredit, Nordea Kredit, Nykredit Realkredit
Aug 21st, 2014
Jyske Bank Group reported Dkr2.8bn (Eu376m) of pre-tax profit for the second half of 2014 on Tuesday, its largest profit ever, although the figures are the first since the merger with BRFkredit in April, which contributed nearly Dkr2.4bn in one-off income to the result.
Posted in Industry Moves
Tags: BRFkredit, Danish, Denmark, Jyske Bank, results
Aug 14th, 2014
Nykredit Realkredit will kick off Danish mortgage credit institutions’ October refinancing auctions on Monday, for which BRFkredit and DLR Kredit today (Thursday) announced expected supply figures, with analysts noting a shift away from one year ARM bonds.
Posted in Denmark
Tags: BRFkredit, Nordea Kredit, Nykredit Realkredit
Jun 12th, 2014
Jyske Bank priced a well-received Eu500m (Dkr3.73bn) three year senior unsecured FRN in a rare visit to the euro benchmark market yesterday (Wednesday), with the deal also its first public euro issue since the Danish bank’s merger with BRFkredit in April.
Posted in Denmark
Tags: BRFkredit, Denmark, Jyske, Jyske Bank
Mar 6th, 2014
Denmark’s mortgage credit institutions are nearing the end of the latest ARMs refinancing season, with a covered bond analyst suggesting that the sales did not quite go as expected.
Posted in Denmark
Tags: BRFkredit, DLR Kredit, Nordea Kredit, Realkredit Danmark
Feb 27th, 2014
Jyske Bank and BRFkredit are planning to merge, they announced on Monday, in a move that will step up competition in the Danish banking industry, with the potential for steep growth in mortgage lending for the combined entity and a tightening of BRFkredit bond spreads among effects cited.
Posted in Denmark, Industry Moves
Tags: BRFkredit, Danish, Denmark, Jyske Bank
Jan 9th, 2014
Standard & Poor’s upgraded covered bonds issued out of BRFkredit’s General Capital Centre from AA- to AAA on 27 December, citing higher than expected levels of overcollateralisation for the programme.
Posted in Denmark
Tags: BRFkredit, Denmark, ROs
Dec 5th, 2013
BRFkredit, Nordea Kredit and Realkredit Danmark finished the latest round of sales to refinance ARM bonds last Friday (29 November), with analysts noting that spreads were the lowest since before the crisis and that Nordea achieved the lowest absolute yield ever at an auction.
Posted in Denmark
Tags: ARMs, auctions, BRFkredit, Denmark, DLRkredit, Nordea Kredit, Realkredit Danmark
Nov 21st, 2013
Bonds to refinance ARMs have been sold at record low yields and spreads since the latest Danish auction season began on Monday, with this being attributed to lower supply and planned changes to ARMs — even though these were postponed by three months.
Posted in Countries
Tags: ARMs, auctions, BRFkredit, Denmark, DLR Kredit, Nordea Kredit, Nykredit Realkredit