Interest rate adjustment based on auction prices

 | Source: Nykredit Realkredit A/S Nykredit Realkredit A/S 

Today Nykredit and Totalkredit conducted a number of stand-alone auctions of
covered 
bonds ("særligt dækkede obligationer" - SDOs) in connection with the interest
rate adjustment of Nykredit Tilpasningslån (ARMs) and Totalkredit BoligXlån
loans according to the Auction Price principle. The interest rate of the loans
will be adjusted on 1 January 2008. 

The auctions had an average bid-to-cover rate of 2.1 and bonds of a nominal DKK
5.1bn and EUR 436m were sold.

Attachments

interest rate adjustment based on auction prices - 17.12.2007.pdf
GlobeNewswire

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