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To NASDAQ Copenhagen A/S |
Executive Board Lersø Parkalle 100 DK-2100 København Ø www.rd.dk Telephone +45 7012 5300 27 March 2017 |
Company Announcement number 24/2017 – 27 March 2017
Auction of mortgage covered bonds series 10F
Realkredit Danmark will hold an auction on mortgage covered bonds for the issuing of new loans in the above mentioned series because of remortgaging activity as of 1 April 2017.
The auction will be held on Wednesday 29 March 2017 with 31 March 2017 as value date.
Since the final amount is expected to change until the day of the auction, the final amount will not be announced until the day of the auction. The amount will be announced via Reuters chat system on Wednesday 29 March at approx. 9.00 a.m. or by contacting the phone number mentioned below.
Terms and conditions of the auction are set out in the appendix to this announcement.
Realkredit Danmark further expects an increase in sales of bonds financing:
FlexLån® (other maturities) DKK 750 – 1,250 mio.
Other floating rate loans DKK 1,500 – 2,000 mio.
30 year fixed rate loans DKK 250 – 750 mio.
10 to 20 year fixed rate loans DKK 250 – 500 mio.
It is expected that the main part of the bonds will be sold by the tap on Wednesday 29 March 2017.
A total of DKK 8 – 10 bn. including the auction amounts is expected to be sold.
Realkredit Danmark is not obligated to sell the entire amount of bonds announced.
The Executive Board
Any additional questions should be addressed to Christian Rosenstand, Head of RD Funding, phone +45 45 13 20 19.
