Today, Nykredit and Totalkredit conducted two auctions in connection with the refinancing of Totalkredit’s BoligXlån with a 5Y interest rate cap and Nykredit’s Euribor3 loan without an interest rate cap, both funded by way of SDOs issued out of Capital Centre H.
The result of the auction is a spread of 0.50% pa for borrowers with BoligXlån with a new 4.5% cap and a spread of 0.65% pa for borrowers with Euribor3 loans. Both spreads and the BoligXlån cap will be in force until the next refinancing.
| BoligXlån with 5Y cap | Euribor3 loan | |
| ISIN | DK000978701-2 | LU069004946-4 |
| Capital Centre | H (SDO) | H (SDO) |
| Auction results | ||
| Total allotment | DKKm 3,800 | EURm 35 |
| Total bids | DKKm 6,310 | EURm 88 |
| Pro rata at the rate spread | 50,12% | 73,33% |
| Interest rate spread | 0.50% | 0.65% |
| Interest rate cap | 4.5% | - |
| Other information | ||
| Interest rate fixing for H1/Q1 2012 | 27 December 2011 | 22 December 2011 |
| Next refinancing | 1 January 2017 | 1 January 2017 |
The final terms for the bond has been updated with the interest rate spread.
Enquiries may be addressed to Group Treasury, Lars Mossing Madsen, First Vice President, tel +45 44 55 11 66, or Pernille Bach Ladevig, Senior Dealer, tel +45 44 55 10 63.
