Posts Tagged ‘ Realkredit Danmark ’

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.

Fitch cut to RD Capital Centre T ‘fully anticipated’

Nov 1st, 2012
Realkredit Danmark image

Fitch cut Capital Centre T covered bonds issued by Realkredit Danmark from AAA to AA+ on Tuesday, with an official at the issuer noting that the rating action was fully anticipated in light of rating methodology changes, and that it expects to eventually be able to regain a triple-A rating.

Realkredit Danmark ‘T’ bonds on RWN as Fitch starts D-Caps

Sep 13th, 2012
Realkredit Danmark image

Fitch put its AAA rating of Realkredit Danmark capital centre T issuance on Rating Watch Negative on Tuesday as it began implementing updated covered bond rating criteria, under which it has assigned Discontinuity Caps and outlooks to programmes from Denmark and Norway.