Stock exchange announcement number 1 – 2006
Realkredit Danmark hereby announces a Q4 2005 statement showing interest-only periods in Realkredit Danmark’s interest-only hybrid bonds, 43D, 63D and 83D series.
The reason is that Realkredit Danmark offers what is known as the “clip card scheme” for fixed-rate and FlexGaranti® interest-only loans.
Combined with actual cash flows, the statement provides information on how borrowers choose to schedule interest-only periods.