Investor Relations

Bond Data Technical Standards

On this page you can find answers to frequently asked questions related to how Nykredit handles redemptions of callable bonds with annuity cash flows. Nykredit has issued callable bonds denominated in DKK and EUR. The model is based on the EU Corporate Actions standards and the fact that securities must comply with the EU Corporate Actions standards to be compatible with the coming pan-European settlement platform, TARGET2 – Securities (T2S).

Frequently asked questions

How much of my holding will be redeemed?

You will not be able to see the redeemed amount until the redemption day. The redeemed amount will depend on the amount of new issues in the period and on the number of borrowers opting to prepay their loans in the same period.

When can I see how much of my holding has been redeemed?

You will be able to see the redeemed amount on the day before the due date. You will be able to see the expected redemption rate at least six weeks before the due date. However, the expected redemption rate may vary until the day before the due date when the final redemption rate is fixed.

This information will appear from Nasdaq Copenhagen's information feed. 

Where can I see how much of my holding has been redeemed?

The redeemed amount will appear from information forwarded by your bank.

Can I sell my bonds?

Yes, you can sell your bonds up until the day before the due date.

When will my bond holding be reduced?

Your bond holding will be reduced on the due date.

When will I be able to see the expected redemption rate?

You will be able to see the expected redemption rate at least six weeks before the due date. However, the expected redemption rate may vary until the day before the due date when the final redemption rate is fixed.

 

This information will be available on Nasdaq's website.