Realkreditobligationer
Realkreditobligationer are a type of mortgage bond issued by Danish mortgage credit institutions (realkreditinstitutter). They are secured by a dedicated pool of residential and commercial mortgage loans on Danish real estate. The bonds are a central funding instrument for Danish housing and property lending, offering investors relatively low credit risk and predictable yields.
Each bond issue is backed by a cover pool that is ring-fenced from the issuer’s other creditors.
Realkreditobligationer are typically issued with long maturities, often up to 30 years, and may have fixed
Regulatory oversight combines Danish law with the EU framework for covered bonds. The Danish Financial Supervisory
Realkreditobligationer play a central role in financing Danish real estate, enabling long-term mortgage lending while offering