THE T-BILL PROGRAM WILL BE OPENED DURING THE SPRING 2010
The Danish government debt management is planning to open a Treasury
bill program during spring 2010. The final design of the Treasury bill
program and the timing around the opening will be announced on a later
date after discussions with market participants.
NEW PRIMARY DEALER
BNP Paribas have concluded a primary dealer agreement with the Danish
government debt management. The group of primary dealers is listed on
www.statsgaeld.dk under strategy and issue and trading.
AUCTIONS OF DOMESTIC GOVERNMENT BONDS IN OCTOBER 2009
In October 2009 auctions of Danish government bonds will be held on
Tuesday 6 October and Thursday 22 October. The sale will be settled
Friday 9 October and Tuesday 27 October 2009 respectively.
Auction 6 October
On 6 October 2009 the government bond 4 per cent Bullet loans 2019 will be
auctioned. At the auction the total sale will not exceed DKK 5 billion at
nominal value. The sale will commence via MTSDenmark's auction system with
primary dealers as counterparts. The auction depends on stable market
conditions. As from the opening of MTSDenmark bids can be submitted until
10.30 CET. 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.
Auction 22 October
No later than three trading days prior to the auction, information about
the auctioned bonds will be announced. The auction depends on stable
market conditions.
Further information
For further information please contact Ove Sten Jensen on tel. (+45)
3363 6102.
