U.S. Markets closed
  • S&P 500

    3,465.39
    +11.90 (+0.34%)
     
  • Dow 30

    28,335.57
    -28.09 (-0.10%)
     
  • Nasdaq

    11,548.28
    +42.28 (+0.37%)
     
  • Russell 2000

    1,640.50
    +10.25 (+0.63%)
     
  • Crude Oil

    39.78
    -0.86 (-2.12%)
     
  • Gold

    1,903.40
    -1.20 (-0.06%)
     
  • Silver

    24.70
    -0.01 (-0.04%)
     
  • EUR/USD

    1.1868
    +0.0042 (+0.3560%)
     
  • 10-Yr Bond

    0.8410
    -0.0070 (-0.83%)
     
  • Vix

    27.55
    -0.56 (-1.99%)
     
  • GBP/USD

    1.3038
    -0.0042 (-0.3207%)
     
  • USD/JPY

    104.6900
    -0.1500 (-0.1431%)
     
  • BTC-USD

    12,933.43
    +28.45 (+0.22%)
     
  • CMC Crypto 200

    260.05
    -1.40 (-0.54%)
     
  • FTSE 100

    5,860.28
    +74.63 (+1.29%)
     
  • Nikkei 225

    23,516.59
    +42.32 (+0.18%)
     

Announcement from the Danish Transport, Construction and Housing Authority

It is hereby announced that a conversion will be carried out of state subsidised construction loans to social housing as well as renovation loans subsidised by Landsbyggefonden.

The conversion will include fixed-rate mortgage loans and will be executed by injunction to the affected social housing organisations.

A total volume of approximately DKK 0.6 billion will be converted. The loans have the following fixed coupon rates:

Fixed coupon rate

Billion DKK

1%

0.1

1.5%

0.4

3%

0.1

Total

0.6


Following the conversion, the mortgage loans will be rescheduled as state guaranteed adjustable-rate loans in 10-year interest rate resets. No changes in the terms of maturity are expected.

Yours sincerely

Lise Heinesen
Head of Division

Attachment