Nykredit Realkredit to launch new split tier funding model

20 Apr 2012

Denmark’s Nykredit Realkredit will launch a new mortgage funding model this quarter, in an attempt to lower its covered bond issuance costs in an environment of falling house prices.

Under the new model, the loan to value limit for the retail mortgage loans that back its Danish covered bonds (SDO) will be set at 60%. Since 2008, Danish mortgage banks have been required to provide extra collateral if the loan to value of a mortgage backing an ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.