8 JUNE 2006: INTEREST RATE INCREASE

The 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 SILVER

A 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.

Gold and silver coins in limited editions
The fairy tale coin is a 10-krone issued in three versions – a gold coin, a silver coin, and an ordinary 10-krone coin. The gold and silver coins are minted in editions not exceeding 4,000 and 40,000, respectively. The ordinary 10-krone coin is issued in an edition of 1.2 million. All fairy tale coins are legal tender and can be exchanged at Danmarks Nationalbank at face value.

Where to buy the fairy tale coin
The Royal Mint has become its own website www.royalmint.dk. As from 20 July 2006 you can order the coins on this website. On the website you can find information about the other fairy tale coins, the tower coins, medals, production of coins and more.

" 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.

The fairy tale continues
The fifth and final fairy tale coin will be issued in the spring of 2007.

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 INCREASE

The 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 GREENLAND

The 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.

First coin with a motif from Greenland
Three Brothers is the first Danish circulating coin with a motif from Greenland.

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.

Coin set in spring 2007
The new Three Brothers tower coin is minted in an edition of 1.2 million and as from 27 September can be purchased from banks in Denmark and Greenland and from Danmarks Nationalbank. The coin can also be ordered from The Royal Mint's website www.royalmint.dk.

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.

Press photos
Photos of the coin can be downloaded from www.nationalbanken.dk – under Press room, Photogallery or from The Royal Mint's website

www.royalmint.dk.

4 SEPTEMBER 2006: COIN SET 2006 FROM THE ROYAL MINT

The 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 coin set is minted in two versions
The ordinary version of the coin set includes the seven ordinary coins in circulation and the medal of Nordic gold. The coins are minted with two strokes. This is one stroke more than the coins in circulation. The more strokes, the more distinct the embossment. This version of the set is minted in an edition of maximum 35,000.

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.

Where to buy the coin sets
On the new website of the Royal Mint www.royalmint.dk the coin sets can be ordered from 4 September 2006. Banks and coin dealers also take orders. The retail price is DKK 200 for the ordinary version and DKK 875 for the proof version.

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.

More information and pictures
See www.nationalbanken.dk and www.royalmint.dk for further information and pictures.


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