Denmark's Government Bond Issuance in 2024 to Remain Unchanged From 2023
20 December 2023 - 7:25PM
Dow Jones News
By Emese Bartha
Denmark plans to issue 65 billion Danish kroner ($9.57 billion)
in government bonds in 2024, targeting the same volume as in 2023,
the central bank said Wednesday.
A further DKK35 billion will be issued for the central
government's short-term loan programs, also unchanged from 2023, it
said.
Besides borrowing on the domestic market, Denmark plans to issue
a short-term foreign-currency bond next year under the government's
euro medium-term note, or EMTN, program, it said.
The focus will continue to be on issuance in two- and 10-year
nominal bonds, supplemented with issuance in the 10-year green
government bond and the inflation-linked government bond, it
said.
Denmark will launch a new two-year, 2026-dated government bond
in the first quarter of next year, it said. This bond will replace
the 1.75% November 2025 bond as the two-year on-the-run issue.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
December 20, 2023 03:10 ET (08:10 GMT)
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