Posts Tagged ‘ Nykredit Realkredit ’

DLR, Nykredit get record lows in Danish auction season finale

Dec 14th, 2012

DLR Kredit wrapped up the 2012 year-end refinancing auction season for Denmark’s mortgage banks on Monday after Nykredit finished its sales last Thursday, with the issuers reporting that the auctions resulted in record low rates for borrowers.

DLR Kredit takes up §33e senior secured in Dkr4bn debut

Nov 29th, 2012

DLR Kredit on Wednesday for the first time issued senior secured debt pursuant to Section 33e of Danish covered bond legislation, selling Dkr4bn (Eu536m) of what are also known as Junior Covered Bonds.

Bid-to-covers up, spreads tight as Nordea, RD start auctions

Nov 22nd, 2012

Adjustable rate mortgage bonds offered by Danish mortgage credit institutions met with strong demand over the first four days of end-of-year auctions, with bid-to-cover ratios higher than recent years and spreads some 10bp tighter than market levels before the auctions.

Nykredit moves closer to Swedish practices in latest krona SDO sale

Sep 27th, 2012

Nykredit Realkredit sold Skr5bn (Dkr4.39bn) of SDOs last week in a move designed to bring the Danish issuer’s Swedish krona bond sales closer to the model used by Sweden’s domestic covered bond issuers.

Interview: Henrik Andersen, Nykredit Bank

Sep 7th, 2012
Henrik Andersen

The Covered Bond Report’s Susanna Rust spoke to Henrik Andersen, head of treasury and financial institutions at Nykredit Bank, about its funding strategy.

Nykredit hits historic lows, three auction seasons now evenly split

Sep 7th, 2012

Nykredit Realkredit wrapped up two weeks of auctions today (Thursday), hitting historically low yields to pass on attractive rates to borrowers, an official at the mortgage credit institution told The Covered Bond Report, and for the first time it achieved an equal distribution of volumes across three auction periods in a year.

Longer bonds tighten as Nykredit passes auction halfway mark

Aug 30th, 2012

Nykredit Realkredit is a week into its auctions and had by this (Thursday) morning allotted nearly 60% of the Danish krone bonds on offer and around 86% of a small supply of euro floaters.

Nykredit 3s well covered in auction start

Aug 23rd, 2012

Nykredit found stronger than expected demand for three year bonds on the first day of the Danish auction season on Wednesday.

Basel III prompts Nykredit to open Danes’ auction season early

Aug 16th, 2012

Nykredit will kick off the latest Danish auction season on Wednesday when it opens Dkr105bn (Eu14.1bn) of sales after bringing forward the start of its refinancings of adjustable rate mortgages (ARMs) ahead of the implementation of Basel III.