From 24 March 2015, Nykredit Realkredit A/S will fix the interest rate of floating-rate bonds linked to eg Euribor or Cibor with effect from 1 April 2015. The interest rate fixing relates to loans to commercial customers. There is a 0% interest rate floor on all Nykredit's and Totalkredit's existing floating-rate bonds applying until maturity. As a result, the coupon rate (reference rate including spread) of the bonds as well as the loan rate fixed with effect from 1 April 2015 or later, cannot fall below 0%.
The results of the interest rate fixing of the individual bonds will be published by way of stock exchange announcements and at nykredit.com.
Furthermore, please be advised that adjustable-rate mortgages (ARMs) with negative interest rates can now be issued.
For further information, please contact Morten Bækmand Nielsen, Head of Investor Relations, at +45 44 55 15 21.
