Danish rates hit record lows as Nykredit opens auctions
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Danish rates hit record lows as Nykredit opens auctions

Nykredit Realkredit kicked off the Danish auction season this week, selling one and three year covered bonds with lower absolute yields than ever before. One year bonds will dominate the auctions as mortgage borrowers continue to prefer one year adjustable rate loans, though mortgage lenders are trying hard to push them into longer maturities.

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