RD preps first Swedish syndicated covered
Mar 13th, 2014Realkredit Danmark is planning its first syndicated sale of a Swedish krona covered bond, which could emerge next week after a day of investor meetings today (Thursday) in Stockholm.
Realkredit Danmark is planning its first syndicated sale of a Swedish krona covered bond, which could emerge next week after a day of investor meetings today (Thursday) in Stockholm.
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.
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.