Danish mortgage lenders Nykredit and Totalkredit may be breaking records in the downwards trend of interest rates, but there is no need to lose sleep worrying who would possibly buy their new 1.5 percent fixed-interest mortgage bonds.
A relatively new, well-funded customer has come onto the scene. The small-scale investor in the market for Danish, convertible credit mortgage bonds is a pension fund or a major bank headquartered in Japan.
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