Announcement number 20 – 2006
Result of Realkredit Danmark's auction of bonds in series 10D and 10E with cut-off at 11.00am
Realkredit Danmark has completed an auction of bonds with 1-year maturity in the series 10D and 10E. The auction of 1-year bonds in series 10D and 10E was held over five trading days from Monday, 11 De-cember, through Friday, 15 December 2006.
The result of the auction of 1-year bonds in series 10D was:
Date |
ISIN code |
Bond |
Total Bids (nom) DKK m |
Total sale (nom) DKK m |
Cut-off
price |
YTM |
11. dec. 2006 |
DK0009261166 |
4% 10D 2008 |
49,451 |
16,720 |
99.910 |
4.09 |
12. dec. 2006 |
DK0009261166 |
4% 10D 2008 |
33,443 |
16,980 |
99.924 |
4.08 |
13. dec. 2006 |
DK0009261166 |
4% 10D 2008 |
36,249 |
16,600 |
99.935 |
4.07 |
14. dec. 2006 |
DK0009261166 |
4% 10D 2008 |
24,710 |
16,540 |
99.927 |
4.08 |
15. dec. 2006 |
DK0009261166 |
4% 10D 2008 |
30,820 |
16,160 |
99.892 |
4.11 |
As a result of the auctions the weighted average price was:
ISIN code |
Bond |
Total sale (nom) DKK m |
Weighted average price |
YTM |
Interest rate* |
Interest rate**
Interest-only periods |
DK0009261166 |
4% 10D 2008 |
83,000 |
99.918 |
4.08 |
4.11 |
4.08 |
* The interest rate is calculated on the basis of a 30-year FlexLån® with full reset
** The interest rate is calculated on the basis of a 30-year FlexLån® with initial interest-only periods and full reset
The result of the auction of 1-year bonds in series 10E was:
Date |
ISIN code |
Bond |
Total Bids (nom) EUR m |
Total sale (nom) EUR m |
Cut-off
price |
YTM |
11. dec. 2006 |
DK0009264426 |
4% 10E 2008 |
1,000 |
380 |
100.060 |
3.94 |
12. dec. 2006 |
DK0009264426 |
4% 10E 2008 |
565 |
340 |
100.061 |
3.94 |
13. dec. 2006 |
DK0009264426 |
4% 10E 2008 |
1,330 |
380 |
100.068 |
3.93 |
14. dec. 2006 |
DK0009264426 |
4% 10E 2008 |
1,390 |
375 |
100.052 |
3.95 |
15. dec. 2006 |
DK0009264426 |
4% 10E 2008 |
1,215 |
350 |
100.035 |
3.96 |
As a result of the auctions the weighted average price was:
ISIN code |
Bond |
Total sale (nom) EUR m |
Weighted average price |
YTM |
Interest rate* |
Interest rate**
Interest-only periods |
DK0009264426 |
4% 10E 2008 |
1,825 |
100.055 |
3.94 |
3.97 |
3.94 |
* The interest rate is calculated on the basis of a 30-year FlexLån® with full reset
** The interest rate is calculated on the basis of a 30-year FlexLån® with initial interest-only periods and full reset
The auction of 4% 10D 2010 and 4% 10D 2012 is also held over five trading days ending today at 12.30pm for settlement at 12.40pm.
The auction of 4% 10E 2010 and 4% 10E 2012 is held today until 12.30pm for settlement at 12.40pm.
The auction of 4% 10D with maturity 2009 and 2011 and 4% 10E with maturity 2009 and 2011 is held today until 13.30pm for settlement at 13.40pm.
The result of these auctions will be announced immediately after settlement.
The Executive Board
Any additional questions should be addressed to Senior Dealer Søren Gravgaard, phone + 45 45 13 20 19 .