TRANSLATION
On 21 October 2015, 0.25 per cent bullet loan 2018 (ISIN: DK0009923484) will be opened. The interest payment date will be 15 November and the government bond will be repaid on 15 November 2018. The new bond will replace 2.5 per cent bullet loan 2016 as key on-the-run issue. 2.5 per cent bullet loan 2016 will continue as 2-year benchmark until further notice.
The sale will commence via MTS Denmark's auction system with primary dealers as counterparts. The opening is contingent on stable market conditions. At the auction, the total sale will not ex-ceed DKK 5 billion at nominal value.
As from 8:00 a.m. (CET) on the opening day, bids can be submitted until 10:15 a.m. Subsequently, a cut-off price will be fixed as quickly as possible and within 10 minutes at the latest. Bids at the cut-off price or above will be accommodated at the cut-off price. A pro-rata allocation of bids at the cut-off price may be applied.
Terms of borrowing can be viewed on www.governmentdebt.dk under "Investor relations".
SECURITIES LENDING
0.25 per cent bullet loan 2018 will be included in the central government's securities lending facility from 21 October 2015.
FURTHER INFORMATION
For further information please contact Lars Mayland Nielsen on telephone +45 3363 6102.
