Result of Realkredit Danmark's auction of the 3-year and 5-year bonds in series 10S

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NASDAQ OMX Copenhagen		Executive Board
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DK-2800 Kgs. Lyngby
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Telephone +45 7012 5300
Telefax +45 4514 9624



12 December 2008

 
Company Announcement No 87 - 2008

Result of Realkredit Danmark's auction of the 3-year and 5-year bonds in series
10S 
Realkredit Danmark has completed an auction of bonds in the series 10S.

The auction of 10S 4% with maturity in 2012 and 2014 was held over ten trading
days from Monday, 1 December, through Friday, 12 December 2008. 

The result of the auction of 10S 4% 2012 was:

Date	ISIN code	Bond	Total Bids (nom) 
DKK m	Total sale (nom)
DKK m	Cut-off 
price	YTM 
1. dec. 2008	DK0009276354	10S 4% 2012	1,095	425	98.22	4.65
2. dec. 2008	DK0009276354	10S 4% 2012	   923	423	98.22	4.65
3. dec. 2008	DK0009276354	10S 4% 2012	1,725	455	98.30	4.62
4. dec. 2008	DK0009276354	10S 4% 2012	1,443	423	99.07	4.34
5. dec. 2008	DK0009276354	10S 4% 2012	1,393	425	98.67	4.48
8. dec. 2008	DK0009276354	10S 4% 2012	1,218	408	98.47	4.56
9. dec. 2008	DK0009276354	10S 4% 2012	1,440	415	98.47	4.56
10. dec. 2008	DK0009276354	10S 4% 2012	   871	431	98.49	4.55
11. dec. 2008	DK0009276354	10S 4% 2012	1,020	425	98.68	4.48
12. dec. 2008	DK0009276354	10S 4% 2012	1,000	400	98.98	4.37

As a result of the auctions the weighted average price of 10S 4% 2012 was:

ISIN code	Bond	Total sale (nom)
DKK m	Weighted average 
price	YTM 
DK0009276354	10S 4% 2012	4,230	98.55	4.53
 
The result of the auction of 10S 4% 2014 was:

Date	ISIN code	Bond	Total Bids (nom) 
DKK m	Total sale (nom)
DKK m	Cut-off 
price	YTM 
1. dec. 2008	DK0009276511	10S 4% 2014	1,000	150	97.20	4.64
2. dec. 2008	DK0009276511	10S 4% 2014	   550	195	96.90	4.71
3. dec. 2008	DK0009276511	10S 4% 2014	   800	180	97.30	4.62
4. dec. 2008	DK0009276511	10S 4% 2014	   460	190	98.56	4.33
5. dec. 2008	DK0009276511	10S 4% 2014	   500	175	97.29	4.62
8. dec. 2008	DK0009276511	10S 4% 2014	   525	175	96.80	4.73
9. dec. 2008	DK0009276511	10S 4% 2014	   460	170	96.70	4.76
10. dec. 2008	DK0009276511	10S 4% 2014	   488	178	97.25	4.63
11. dec. 2008	DK0009276511	10S 4% 2014	   650	180	97.51	4.57
12. dec. 2008	DK0009276511	10S 4% 2014	   492	181	97.76	4.51

As a result of the auctions the weighted average price of 10S 4% 2014 was: 

ISIN code	Bond	Total sale (nom)
DKK m	Weighted average 
price	YTM 
DK0009276511	10S 4% 2014	1,774	97.34	4.61
   



The Executive Board


Any additional questions should be addressed to Senior Dealer Søren Gravgaard,
phone + 45 45 13 20 19 .