Posts Tagged ‘ Nykredit Realkredit ’

Nykredit Realkredit in Eu500m euro senior unsecured FRN first

Sep 4th, 2014
Nykredit image

Nykredit Realkredit launched an inaugural senior unsecured Eu500m five year floating rate note on Tuesday, the first time the Danish financial group has issued a euro senior unsecured instrument out of its mortgage credit institution rather than Nykredit Bank.

Nordea, BRFkredit join Nykredit as ARMs sales sustain strength

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.

Nykredit ARMs opener four times covered as levels beat expectations

Aug 21st, 2014
Nykredit image

Nykredit Realkredit got the new Danish auction season off to a flying start on Monday morning when its opening, Dkr7bn (Eu939m) sale of one year ARM bonds attracted some Dkr27.9bn of bids and achieved a level inside expectations, and the following auctions unfolded in the same vein.

ARM auctions to reflect Danes moving away from one years

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.

Nykredit auction first under new refi law, impact ‘insignificant’

May 29th, 2014

Nykredit sold some Dkr13bn (Eu1.74bn) of one year ARM bonds this week in the first auctions of covered bonds that feature maturity extension triggers in accordance with new legislation, and market participants said the auctions, although small, show demand to be largely unaffected by the changes.

Nykredit sells first Danish T2 CoCo in 5x covered Eu600m

May 29th, 2014

Nykredit Realkredit launched the first Tier 2 CoCo out of Denmark on Friday, a Eu600m (Dkr4.48bn) 22 year non-call seven transaction that was five times oversubscribed.

Nykredit reels in spread for Skr5.5bn, ARMs softer

Feb 20th, 2014

Nykredit Realkredit sold its tightest syndicated Swedish krona covered bond today (Thursday), a Skr5.5bn (Eu614m, Dkr4.58bn) one year issue, after on Monday kicking off the latest round of auctions for refinancing of ARM bonds.

RD cites FlexKort amid further Nordic reporting

Feb 13th, 2014
Michael Rasmussen, 
Nykredit Realkredit

Realkredit Danmark released its 2013 full year results on Friday, reporting a Dkr158m increase in net profit to Dkr2.612bn (Eu350m), up 6% compared with 2012. It said that this captures a positive trend in core activities as well as higher funding costs and higher impairments.

DLR, Nykredit struck by ‘serious’ bidding across ARMs auctions

Nov 28th, 2013
DLR image

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.

Nykredit Eu500m senior secured performs in busy FIG market

Nov 21st, 2013

Nykredit Realkredit priced its second euro senior secured deal of the year on Tuesday, a Eu500m long five year that an official at the issuer said went well, drawing more than Eu800m of demand and performing after pricing.