Posts Tagged ‘
DLR Kredit ’
Aug 26th, 2016
Bids were strong throughout the latest Danish refinancing auctions, with non-domestic investors in particular finding value, as Nykredit hailed improving recognition of its euro FRNs and Realkredit Danmark priced a Skr4.35bn issue with the slimmest pick-up versus domestic paper in recent years.
Posted in Denmark
Tags: ARMs, auctions, BRFkredit, Danish, Denmark, DLR Kredit, Nykredit Realkredit, Realkredit Danmark
May 27th, 2016
Nykredit is planning to cut ARMs auctions from four times to twice a year as part of an initiative aimed at offering fewer but larger lines of covered bonds to meet LCR Level 1B criteria that have affected pricing in the Danish market, where the latest auction season ended solidly.
Posted in Denmark
Tags: ARMs, BRFkredit, Danish, Denmark, DLR Kredit, Nordea Kredit, Nykredit Realkredit, Realkredit Danmark
May 15th, 2015
Standard & Poor’s on Tuesday placed Nykredit and DLR Kredit on CreditWatch Negative but affirmed its ratings of fellow Danish banks Jyske, Danske and Nordea Bank Danmark, after completing a review relating to the potential withdrawal of government support for the banking sector under the Bank Recovery & Resolution Directive.
Posted in Denmark
Tags: BRRD, Danish, Denmark, DLR Kredit, Nykredit Realkredit, Nyredit, S&P, Standard & Poor's
Nov 28th, 2014
Spreads on Danish one year ARM bonds recovered in auctions in the first half of this week after having widened sharply last week, with bid-to-cover levels also improving, as Nykredit and BRFkredit finished their sales, while DLR Kredit only has one day left.
Posted in Denmark
Tags: ARMs, auctions, Danish, Denmark, DLR Kredit, Nykredit Realkredit
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
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
Nov 28th, 2013
DLR Kredit and Nykredit Realkredit wrapped up November auctions for the refinancing of their ARM bonds yesterday (Wednesday), with officials at both institutions highlighting the high quality of bidding.
Posted in Denmark
Tags: ARMs, Danish, Denmark, DLR Kredit, Nykredit Realkredit
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
Oct 31st, 2013
Danish lenders are responding to regulatory and rating agency pressures to reduce the share of adjustable rate mortgages (ARMs) with the launch of Cita-based loans and a revival of fixed rate callables, with Moody’s highlighting Nordea Kredit’s success in the latter as credit positive.
Posted in Denmark
Tags: ARMs, callables, CITA, covered bonds, Danish, Denmark, DLR Kredit, FlexKort, Moody's, Nordea Kredit, Nykredit Realkredit, Realkredit Danmark
Sep 5th, 2013
DLR Kredit will align its sales to coincide with those of its peers when the next Danish auction season begins in November, with the issuer having attracted weaker interest when finishing off the latest round of sales this week, according to an official at DLR Kredit.
Posted in Denmark
Tags: covered bonds, Danish, Denmark, DLR Kredit