Nykredit gets satisfaction with new extendable bonds
Nykredit Realkredit opened the Danish auction season on Monday with the sale of Dkr800m of two year covered bonds and Dkr7bn of one year bonds that are structured with a maturity extension trigger. Despite the triggers, the one year portion was oversubscribed multiple times and priced a long way inside swaps which Nykredit was very satisfied with.
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