CHANGE OF 10-YEAR BENCHMARK


As of 1 October 2014, the 10-year nominal on-the-run issue, 1.75 per cent bullet loan 2025, becomes the new 10-year benchmark bond. Hereafter, 1.50 per cent bullet loan 2023 will no longer have benchmark status. The benchmark bonds in the other maturity segments remain unchanged.

Transition to T+2

As mentioned in the strategy announcement concerning 2nd half 2014, the standard for settlement of primary and secondary transactions in Danish government bonds will be changed from three to two value dates as of 6 October 2014. Concurrently, the auction day for Danish govern-ment bonds will be Wednesday instead of Tuesday. In addition, the monthly buy-back auction is moved from the third last to the penultimate banking day of the month.

Further information

For further information please contact Lars Mayland Nielsen on telephone +45 3363 6102.


Attachments

Change of 10-year benchmark.pdf