Danish central bank confirms next government bond auction date

Danmarks Nationalbank has confirmed that it will sell 1.5% 2023 bonds up to a value of DKK5bn on 4 September.

The sale will take palce via the MTS Denmark auction system, with primary dealers in Danish government bonds as counterparts.

Bids can be submitted on the day up to 10.15 CET, with a so-called cut-off price fixed within 10 minutes.

Bids at or above the cut-off price will be accepted, although a pro-rata allocatoin of bids at that price may be applied.

 

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