30th of May 2017

To NASDAQ Copenhagen A/S

Announcement no. 51/2017








Fixing of interest rate spread



BRFkredit has conducted an auction in a floating-rate bond.

The result of the auction is shown below.



ISIN                                                          DK0009392508

Maturity                              01 - July – 2022

Reference rate                                           Cibor 3M

Cover pool                          E (SDO)

Series                                                        422E



Interest rate spread                                 + 0.11%



The final terms for the bond will be updated with the interest rate spread, and
will be available on www.brf.com/ 



Questions regarding the auction may be directed to:

  -- Head of Investments,  André Hauberg on phone (+45) 45 26 29 18
  -- Director, Group Mortgage Funding, Anders Lund Hansen on phone (+45) 45 26
     22 80





Yours sincerely,

BRFkredit a/s



Søren Winkler

Head of Analysis



Direct phone (+45) 45 26 29 30

E-mail swi@brf.dk

Web: brf.dk