Nykredit/Totalkredit is opening a new 30Y fixed-rate 2% bond with an interest-only option.
For the purpose of the change of maturity class at end-August 2017, Nykredit/Totalkredit has opened a 2.5% bond with an interest-only option, but due to the recent price increases, the price is above 100, which makes the bond ineligible for loan offers.
A 2% bond will therefore now be opened in order to meet the demand for 30Y fixed-rate loans with interest-only options.
The bonds will be funding new lending by Totalkredit A/S and Nykredit Realkredit A/S.
Questions may be addressed to Group Treasury, Lars Mossing Madsen, tel +45 44 55 11 66, or Christian Mauritzen, tel +45 44 55 10 14.