With reference to stock exchange announcement dated 5 November 2015 regarding Terms for Nykredit's and Totalkredit's auctions, the Nykredit Group will pre-issue covered bonds (særligt dækkede obligationer – SDOs) on 13 November 2015 in accordance with the rules of the Danish Executive Order on bond issuance, balance principle and risk management of the Danish Financial Supervisory Authority.
The relevant bonds are as follows:
| ISIN | Capital- centre | Coupon | Maturity date |
LCR level |
Currency | Pre-issue (million) | |
| DK0009507857 | SDO (H) | 1 | 01/01/2017 | 1b | DKK | 4,000 | |
| DK0009502890 | SDO (H) | 1 | 01/01/2019 | 1b | DKK | 4,000 | |
| DK0009503005 | SDO (H) | 1 | 01/01/2021 | 1b | DKK | 3,500 | |
| DK0009508079 | SDO (H) | 1 | 01/01/2017 | 1b | EUR | 500 |
The pre-issued bonds will subsequently qualify as Liquidity Coverage Ratio (LCR) Level 1b assets at the start of the auctions. Following the auctions and the daily tap-issues, the pre-issued bonds will be reduced.
In this connection, Nykredit will open for new lending funded by DKK-denominated bullet covered bonds (Capital Centre H) maturing on 1 January with effect as December 2015.
Questions may be addressed to Christian Mauritzen, Group Treasury, tel +45 44 55 10 14, or Morten Bækmand Nielsen, Head of Investor Relations, Group Treasury, tel +45 44 55 15 21.
Other questions may be addressed to Corporate Communications, tel +45 44 55 14 50.
