Jyske Bank Lowers Lending Rates After Danish C. Bank Cuts Rate

Jyske Bank cuts rates on loans, deposits that are tied central bank rates by 15 bps after Nationalbank yesterday cut its key deposit rate for second time in a week. * Change, which is effective from today, follows Jan. 22 introduction of new 15-year mortgage loan with coupon of 1% * NOTE: ECB QE, rate cuts by Danish central bank driving down Danish mortgage yields; Nykredit portfolio-weighted YTM index hit record low yesterday * NOTE: Denmark Ready to Dump Kroner on Market to Tame Hedge Funds

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