What Changed

Realkredit Danmark A/S has opened new fixed-rate, convertible, specially covered mortgage bonds, known by the abbreviation SDRO, for issuance.

The bonds are denominated in Danish kroner and issued from Kapitalcenter S, with the announcement sent to Nasdaq Copenhagen A/S on 14. september 2026.

Highlights

  • Serie 27S carries a nominal interest rate of 5,0 %.
  • Serie 27S closes for issuance on 31-08-2029 and matures on 01-10-2059.
  • Serie 22S carries a nominal interest rate of 4,0 % and matures on 01-10-2049.
  • Investors with questions can contact senior dealer Thomas Manthorpe on 45 13 20 20.

The New Series

Serie 27S carries a nominal rate of 5,0 %, closes for issuance on 31-08-2029, and matures on 01-10-2059, with an annuity structure marked Annuitet* and an option of up to 10 years of interest-only payments for borrowers who use it.

Serie 23S also carries a nominal rate of 5,0 % and matures on 01-10-2059, closing for issuance on 31-08-2029, and it is structured as a straightforward annuity loan.

Serie 22S carries a lower nominal rate of 4,0 %, closes for issuance on 31-08-2029, and matures on 01-10-2049, also structured as an annuity loan.

Who Is Affected

If you hold or trade Danish krone-denominated mortgage bonds, these new SDRO series are relevant because the underlying bonds finance loans with terms of up to 20 or 30 years.

What To Watch Next

Readers seeking further detail on the issuance can reach Thomas Manthorpe, senior dealer at Realkredit Danmark, on 45 13 20 20.