
Nordea Kiinnitysluottopankki Oyj, founded in Finland, operates as a part of the Nordea Group, which is headquartered in Stockholm, Sweden. The bank's primary purpose is to provide mortgage credit services alongside various financing solutions to retail and corporate customers.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
NDASS 3.00% 2030-02-20 EURNordea Kiinnitysluottopankki Oyj | Finland | 2030-02-20 | 3.000 | 2.51 |
NDASS 3.63% 2028-10-26 EURNordea Kiinnitysluottopankki Oyj | Finland | 2028-10-26 | 3.625 | 2.31 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Nordea Kiinnitysluottopankki has been active in the bond market, issuing its first bonds shortly after its establishment in the early 2000s. A notable issuance occurred in 2020, where the bank raised €1 billion in bonds to bolster its mortgage portfolio, reflecting an attractive yield relative to industry standards at the time. Current yields on Nordea Kiinnitysluottopankki bonds remain competitive, benefiting from strong demand driven by the bank's solid credit rating and reputation. Additionally, the issuer specializes in covered bonds, which are secured by a pool of mortgage loans, providing investors with robust protection against default.