Bond Data Technical Standards
On this page you can find answers to frequently asked questions related to how Nykredit handles redemptions of callable bonds with annuity cash flows. Nykredit has issued callable bonds denominated in DKK and EUR. The model is based on the EU Corporate Actions standards and the fact that securities must comply with the EU Corporate Actions standards to be compatible with the coming pan-European settlement platform, TARGET2 – Securities (T2S).
Frequently asked questions
You will not be able to see the redeemed amount until the redemption day. The redeemed amount will depend on the amount of new issues in the period and on the number of borrowers opting to prepay their loans in the same period.
You will be able to see the redeemed amount on the day before the due date. You will be able to see the expected redemption rate at least six weeks before the due date. However, the expected redemption rate may vary until the day before the due date when the final redemption rate is fixed.
This information will appear from Nasdaq Copenhagen's information feed.