Posts Tagged ‘
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
Nykredit Realkredit drew Skr50bn of orders when it sold Skr10.3bn (Eu1.18bn, Dkr8.81bn) of one year SDOs backed by Swedish mortgages in its third such sale last Thursday (August 29). Meanwhile DLR Kredit rounded off the latest Danish auction season today (Thursday).
Posted in Sweden
Tags: Danish, Denmark, kronor, Nykredit Realkredit, Swedish krona
Aug 29th, 2013
Nordea Kredit and Nykredit Realkredit wrapped up adjustable rate mortgage (ARM) bond auctions today (Thursday) and BRFkredit is set to finish its sales tomorrow, with an official at BRFkredit saying that “no hiccups whatsoever” have affected the autumn auctions so far.
Posted in Denmark
Tags: ARMs, BRFkredit, Denmark, DLR Kredit, Nordea Kredit, Nykredit Realkredit
Aug 22nd, 2013
There was a break in Nykredit Realkredit ARM bond auctions today (Thursday) as the issuer held standalone auctions of floating rate notes, with the ARM bond auctions said to be unfolding consistently since the first fixed rate bullet bonds were offered last week.
Posted in Denmark
Tags: Nykredit Realkredit
Aug 15th, 2013
Nykredit Realkredit kicked off autumn refinancing auctions in Denmark today (Thursday), with “extraordinarily high” interest coming in for its offering of one year ARM bonds, according to an official at the issuer, although an analyst said the outcome was not surprising.
Posted in Denmark, Market
Tags: ARM bonds, ARMs, auction, Nykredit Realkredit, Realkredit Danmark
Aug 8th, 2013
Nykredit will launch its August refinancing auctions next Thursday, with one year ARM bonds dominating after a smaller than expected take-up of longer interest reset periods. Meanwhile, Realkredit Danmark is launching a Cita product aimed at addressing concerns about refinancing risk.
Posted in Denmark
Tags: ARMs, Denmark, Nykredit Realkredit, Realkredit Danmark, S&P, Standard & Poor's
Apr 25th, 2013
A Eu500m five year Nykredit Realkredit senior secured deal met with “massive” demand on Monday, including orders from first-time buyers in Asia, Portugal and Spain, said an official at the issuer, as a shift away from the “Junior Covered Bond” name made for an easier sale.
Posted in Denmark
Tags: Danish, Denmark, JCB, Nykredit Realkredit, Section 15, senior secured
Feb 21st, 2013
Nykredit Realkredit is planning a benchmark euro Junior Covered Bond later this year and Nykredit Bank a benchmark euro senior unsecured bond, although issuance of the two instruments is likely to be lower this year than last, officials at the two arms of the Nykredit group said yesterday (Wednesday).
Posted in Denmark
Tags: Danish, Denmark, Nykredit Realkredit
Jan 31st, 2013
Nykredit Realkredit will kick off Denmark’s next round of ARM refinancing auctions on 25 February, with Nordea Kredit following suit a day later and Realkredit Danmark starting its auctions on 4 March, according to preliminary information recently announced by the banks.
Posted in Denmark
Tags: auctions, Nordea Kredit, Nykredit Realkredit, Realkredit Danmark