Explanations
Charts
Chart 1 Gross domestic product, GDP
Chart 2 Nominal and real effective krone rates
Chart 3 Consumer confidence and industrial confidence indicators
Chart 4 The balance of payments
Chart 5 Savings balances
Chart 6 Development in domestic lending by banks and mortgage-credit institutes
Chart 7 Wage increases in Denmark and abroad
Chart 8 Consumer-price increases and underlying inflation
Chart 9 Relative domestic demand and balance of payments
Chart 10 Selected EMS currencies vis-à-vis the D-mark
Chart 11 Official interest rates in selected EMS countries
Chart 12 Long-term yield differentials to Germany
Chart 13 The Nationalbank's net purchases of currency and the krone rate against the D-mark
Chart 14 Official interest rates and 3-month Inter-bank interest rate in Denmark
Chart 15 The banks' average lending and deposit rates
Chart 16 Yield to maturity on 30-year mortgage-credit bonds
Chart 17 Change in non-residents' holdings of krone denominated bonds and krone position since the beginning of 1996
Chart 18 The banks' accounts with the Nationalbank
Chart 19 Yields on 10-year bonds in the USA, Japan, Germany, the UK, Sweden and Norway
Chart 20 The 10-year yield differentials of Russia and Brazil to the USA
Chart 21 Yield differential between mortgage-credit and corporate bonds and government bonds in the USA
Chart 22 Dollar vis-à-vis Yen and D-mark
Chart 23 Pound sterling, Swedish krona and Norwegian krone vis-à-vis the D-mark
Chart 24 Exchange rates of South Korea, Thailand and Mexico vis-à-vis the dollar
Chart 25 Exchange rates of Indonesia, Russia and Brazil vis-à-vis the dollar
Chart 26 Share indices in major industrialised countries
Chart 27 Share indices in selected emerging markets
Chart 28 Yield differential between the mortgage-credit bond 6 per cent 2029 and the government bond 7 per cent 2007
Chart 29 Net new ledning for owner-occupied homes and summer cottages
Chart 30 Assets of investment associations
Tables in the text
Table 1 Key figures for the Danish economy
Table 2 The Danish labour market
Table 3 Denmark's external debt
Table 4 Changes in securities portfolios
Table 5 Capital flows
Table 6 Note circulation
Table 7 Circulation, production and withdrawal of coins in 1998
Table 8 Central rates and fluctuation bands against the euro in ERM II
Table 9 Number of staff, converted into full-time positions1
Table 10 Sensitivity of the Nationalbank to changes in interest rates8
Table 11 Currency distribution of the Nationalbank's foreign-exchange positions9
Boxes
Box 1 The Whitsun package of economic measures
Box 2 The crisis in the Japanese banking sector
Box 3 Hedge funds
Box 4 Types of payment systems
Box 5 CLS Bank
Box 6 The irrevocably fixed conversion rates between the euro and the currencies of the participating EU member states
Box 7 The ECB's executive board, appointed on 1 june 1998
Box 8 EMU decisions 1-3 May 1998
Box 9 IMF loans to Russia and Brazil
Box 10 The IMF's capital base
Box 11 Special Drawing Rights, SDR
Box 12 The Board of Directors of Danmarks Nationalbank, 1 March 1999
Box 13 The Committee of Directors of Danmarks Nationalbank, 1 March 1999
Appendix of tables
Table 1 Annual accounts and monthly balance sheets of Danmarks Nationalbank
Table 2 Specification of notes in circulation
Table 3 Specification of coin in circulation
Table 4 The banks' balances with the Nationalbank
Table 5 Money stock
Table 6 The Nationalbank's official interest rates
Table 7 The foreign-exchange reserve
Table 8 Principal items of the balance of payments (net revenues)
Table 9 Denmark's foreign assets and liabilities
Table 10 Denmark's account with the International Monetary Fund
Table 11 Realignment percentages in the European Monetary System (EMS)
Table 12 Central rates in the European Monetary System (EMS)
Table 13 Intervention rates within the EMS 1979-98
Table 14 Exchange rates
As from 1998 the appendix of tables is reduced to the above mentioned 14 tables. For further information see the Monthly Financial Statistics, c.f. the attached list of contents.
Monthly Financial Statistics: Contents
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