Refinancing of adjustable-rate mortgage loans in social housing
The Ministry of Housing, Urban and Rural Affairs decides in detail which types of loans will be used for
the refinancing of adjustable-rate mortgage loans in social housing, cf. the Act on Social Housing (almenboligloven).
At the end of the first quarter of 2013, the total refinancing of adjustable-rate mortgage loans in social
housing amounts to approximately DKK 8.3 billion.
Loans worth approximately DKK 0.5 billion will be changed to fixed-rate mortgage loans with unchanged
The remaining loans will be refinanced with mortgage bonds worth around DKK 7.8 billion issued in
the 5-year maturity segment. This means that loans worth DKK 7.8 billion will be changed from a 1-
year interest fixing period to a 5-year interest fixing period.
Head of Division