Bond issuance
Nykredit is the world's largest issuer of covered bonds backed by mortgages on real estate. Nykredit also issues other debt instruments, such as Additional Tier 1 (AT1) capital, Tier 2 capital, bail-inable senior debt etc. Read about issues, green bonds, bond data, rating, active prospectuses, funding programmes etc.
Issuance
The vast majority of Nykredit’s covered bond are issued by way of daily tap issuance into the Danish domestic market. By virtue of the match funding of the mortgage lending, Nykredit is active in the market every day for the purpose of issuing new bonds to fund new lending or refinance maturing bond and to buy back bonds in order to facilitate extraordinary loan redemptions.
ECBC Cover Pool data
Nykredit is the world’s largest mortgage covered bond issuer. Covered bonds are issued out of different cover pools, know as capital centeres. The majority of new issuances is conducted though capital centers E and H respectively. In addition issuances also takes place out of capital centeres D, I and G.
Refinancing auctions
Nykredit is conducting refinancing auctions of covered bonds four times a year to refinance Adjustable Rate Mortgages and floating rate loans. Auctions terms and the latest auction results below will be updated continuously.
Latest auction results
Auction Terms
Historical auctions
Nykredit bond information
In order to maintain a high level of transparency in the Danish mortgage bond market, Nykredit publish a number of data for bond investors. The purpose is to support effective pricing of callable covered bonds by providing data that can be used to model debtor’s prepayment behavior.
Prospectuses
Nykredit issues all of its covered bonds under the same base prospectus, while most other debt is issued under the EMTN-programme. However some older debt and capital instruments are issued under separate documentation. On this page you can find the prospectuses for bonds issued by Nykredit Group.
