Interest rates and share-price

 

INTEREST RATES AND SHARE-PRICE INDEX

Table 1
Effective
end-of-year/
from
Danmarks
 Nationalbank's
interest rates
The ECB's
minimum
bid rate
End of period
Inter-bank interest rate,
3-months uncollateralized
Bond yields
Share-price index
OMXC20
(prev.KFX)
Discount rate
Lending
 and certificates of deposit
10-year central- government bond
30-year mortgage-credit bond
Per cent per annum
Per cent per annum
3.7.89
=100
2003
2.00
2.15
2.00
2003
2.16
4.46
5.45
244.35
2004
2.00
2.15
2.00
2004
2.16
3.87
5.07
286.66
2005
2.25
2.40
2.25
2005
2.46
3.30
4.39
393.52
2006
3.50
3.75
3.50
2006
3.81
3.95
5.24
441.48
2007
4.00
4.25
4.00
2007
4.65
4.48
5.61
464.14
2007 7 Jun
4.00
4.25
4.00
Mar 08
4.50
4.19
5.61
428.10
2008 16 May
4.00
4.35
4.00
Apr 08
4.85
4.39
5.71
427.00
            4 Jul
4.25
4.60
4.25
May 08
4.95
4.67
5.92
460.29
            8 Oct
4.50
5.00
4.50
Jun 08
5.08
4.81
6.08
424.30
Jul 08
5.15
4.70
6.49
417.43
Aug 08
5.10
4.38
6.38
424.11
            9 Oct
4.50
5.00
4.50
Sep 08
5.15
4.29
6.66
351.15


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