The Nykredit Group has conducted bond sales in connection with the refinancing of ARMs based on the "refinancing price" principle. The interest rates will be reset on 1 October 2014.
For a personal borrower with a 30Y annuity loan of DKK 1m, interest rate reset results in the following cash rates:
|
ARMs funded by 1Y bonds (F1) DKK |
ARMs funded by 3Y bonds (F3) DKK |
ARMs funded by 5Y bonds (F5) DKK |
|
| Key figures for 2014 | |||
| Cash rate | 0.36% | 0.46% | 0.72% |
| Key figures for 2013 | |||
| Cash rate | 0.49% | 1.01% | 1.68% |
For detailed information on the auction results, please refer to nykredit.dk and totalkredit.dk. For information on the bond sales, please refer to nykredit.com/ir.
Enquiries may be addressed to Lars Mossing Madsen, Group Treasury, tel +45 44 55 11 66, or Trine Ahrenkiel, Head of Corporate Communications, tel +45 44 55 14 70/+45 20 18 90 80.
