The interest rate on DinKapital is fixed on the basis of the interest rate level of similar subordinated debt on bonds in the capital market (Tier 2 capital from financial companies with investment grade credit rating issued in EUR denomination).
To ensure a more stable interest rate, we round up to the nearest half per cent.
Velliv's practice for fixing the interest rate on DinKapital is reported to the Danish Financial Supervisory Authority according to Danish legislation.