Nykredit has concluded the bond sale in connection with the interest rate
adjustment of ARMs (Nykredit Tilpasningslån) according to the 10-Day Average
Price principle. The interest rate of the ARMs will be adjusted on 1 April
2009.
Since 2005 Nykredit has offered interest rate adjustment in April and October
as a standard. The purpose of using April and October as times of interest rate
adjustment is to spread a constantly increasing auction amount over the year to
obtain the most favourable pricing, ensuring borrowers the lowest interest
rates.
The new cash loan rate is 3.344%. For detailed auction results, please refer to
the attached appendix.
Enquiries may be addressed to Henrik Hjortshøj-Nielsen, Executive Vice
President, Group Treasury, tel +45 44 55 10 40, or Nels Petersen, Head of
Corporate
Communications, tel +45 44 55 14 70/+45 20 22 22 72.
Yours sincerely
Nykredit Realkredit A/S
