To NASDAQ OMX Copenhagen A/S 18th of August, 2015
Announcement no. 91/2015
Sales of bonds for refinancing of adjustable rate mortgage loans
As previously announced BRFkredit will on the 19th 20th 25th 26th and 27th of August 2015 sell bonds to refinance adjustable rate mortgage loans. Refinancing will be carried out in both BRFkredits RTL F bonds and in traditional non-callable bullet bonds.
In connection to the implementation of the Liquidity Coverage Ratio (LCR) BRFkredit has decided, prior to the upcoming auctions, to announce estimates on the bonds outstanding amounts as of 1st of October 2015. The estimates should give the investors the best possible prerequisite to calculate the liquidity value in connection to the Liquidity Coverage Ratio.
The increase in the outstanding amounts from today until 1st of October 2015, will happen as a result of BRFkredit’s daily bond sales in relation to the disbursement of new and coming mortgage loans and funding of new loans to be transferred to BRFkredit under the existing joint funding agreements.
ISIN Name Est. Outstanding amount LCR category
DK0009384836 1% BRF 1/10-18 SDO F Above equivalent of € 500 mio 1B
DK0009384406 1% BRF 1/4-18 SDO Above equivalent of € 500 mio 1B
DK0009385056 1% BRF 1/10-18 SDO Above equivalent of € 250 mio 2A
DK0009385130 1% BRF 1/10-19 SDO Above equivalent of 250 mio 2A
DK0009385213 1% BRF 1/10-20 SDO Under equivalent of €250 mio -
DK0009385486 1% BRF 1/10-18 RO F Under equivalent of €250 mio -
Questions may be directed to:
- Head of Research, Søren Winkler on telephone (+45) 45 26 29 30
- Group Treasurer, Anders Lund Hansen on telephone (+45) 45 26 22 80
Yours sincerely,
BRFkredit a/s
Lars Waalen Sandberg
Executive Vice President
Please observe that the Danish version of this announcement prevails.