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8 JUNE 2006: INTEREST RATE INCREASEThe discount rate and the interest rate on the banks' current accounts with the Nationalbank are raised by 0.25 per cent to 2.75 per cent. The Nationalbank's lending rate and the rate of interest on certificates of deposit are raised by 0.25 per cent to 3.00 per cent. The increase will have effect as from 9 June 2006. The interest rate increase is a consequence of the raising by the European Central Bank of the minimum bid rate on the main refinancing operations by 0.25 per cent to 2.75 per cent. 20 JUNE 2006: " THE SNOW QUEEN" – A FAIRY TALE IN GOLD AND SILVERA little less than 162 years after Hans Christian Andersen published his famous fairy tale " The Snow Queen" , the same fairy tale is now the motif on a new coin issued by Danmarks Nationalbank. The fairy tale coin will be issued on 30 August 2006. Sculptor Øivind Nygård has created the motif to the new fairy tale coin. " The Snow Queen is a fairy tale full of metamorphoses. Images are recreated and transformed into other images. This principle has also been applied to the coin, which progresses from snow crystals – to the figure of a woman – to shards of glass" , says Øivind Nygård, who also created the motif to the tower coin with Landet Church. " The Snow Queen" is the fourth in a series of five coins with fairy tales as their common theme. The obverse of the coin is similar to the ordinary 10-krone coin and shows a profile of the queen. " The Snow Queen" can also be purchased from banks, coin dealers and Danmarks Nationalbank. Some banks and coin dealers already take orders now. The recommended retail prices including Danish VAT are DKK 2,000 for the gold coin and DKK 200 for the silver coin. Pictures of the coin can be downloaded from www.nationalbanken.dk or from The Royal Mint's new website www.royalmint.dk. 3 AUGUST 2006: INTEREST RATE INCREASEThe discount rate and the interest rate on the banks' current accounts with the Nationalbank are raised by 0.25 per cent to 3.00 per cent. The Nationalbank's lending rate and the rate of interest on certificates of deposit are raised by 0.25 per cent to 3.25 per cent. The increase will have effect as from 4 August 2006. The interest rate increase is a consequence of the raising by the European Central Bank of the minimum bid rate on the main refinancing operations by 0.25 per cent to 3.00 per cent. 17 AUGUST 2006: NEW TOWER COIN WITH CAIRNS FROM GREENLANDThe cairns called Nukariit (Three Brothers) on Greenland are the motif on the ninth in the series of tower coins issued by Danmarks National-bank. The new tower coin is issued on 27 September 2006 and will be presented at a press conference in Nuuk, Greenland. The Three Brothers are three stone cairns that mark the sheltered water route off the west coast of Greenland. For several hundred years the cairns have been an important landmark for navigators. The motif is designed by the Greenlandic artist Niels Motzfeldt as a depiction of the three cairns with Greenland's rock rose symbol in the background. The tower coins are a series of ten different 20-krone coins with towers as their common theme. The coins are of the same size and alloy as the ordinary circulating 20-krone coins, but are distinguished by a tower motif on the reverse. As always, the obverse carries a portrait of the Queen in profile. The next – and last – coin in the series will be issued in the spring of 2007, when Danmarks Nationalbank will also issue a coin set of all ten tower coins. www.royalmint.dk. 4 SEPTEMBER 2006: COIN SET 2006 FROM THE ROYAL MINTThe maritime is the theme of the coin set of this year, issued on 16 October 2006. In addition to the seven ordinary coins in circulation, the coin set includes a copy of a medal from the year 1691 with the Floating Dock in the Sound off Copenhagen as motif. The medal recalls a time when the skills of its Navy were the pride of Denmark. The Floating Dock was in use until 1713, after which it became part of the foundation of the coast battery " Prøvestenen" . The proof version includes the medal in silver and the coins in circulation in an especially fine quality minted with three strokes. The proof version is minted in an edition of maximum 2,500. The coin sets can also be purchased from Danmarks Nationalbank, Banking Services, Havnegade 5, DK-1093 Copenhagen K, from 16 October 2006. The opening hours are Monday-Friday from 10.00 a.m. to 1.00 p.m. |
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