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"Monetary Review - 2nd Quarter 1998"



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Tables

Table 1 Interest rates and share-price index
Table 2 Selected items from the Nationalbank's balance sheet
Table 3 Factors affecting the banks' net position with the Nationalbank
Table 4 Selected items from the financial institutions' balance sheet, and the money stock
Table 5 The banks' lending
Table 6 External payments (net payments from abroad)
Table 7 GDP by type of expenditure
Table 8 Principal items of the balance of payments (net revenues)
Table 9 Prices and exchange rates
Table 10 Selected monthly economic indicators
Table 11 Selected quarterly economic indicators

Symbols and Sources

0 Magnitude nil or less than one half of unit employed

... Data not available or of negligible interest

Some of the most recent statistics can be provisional. Due to rounding-off there may be small differences between the sum of the individual figures and the totals stated.

Date of going to press: July 3, 1998

The Tables section of this publication is thus based on more recent information than the equivalent section of the Danish edition.

Danmarks Nationalbank is the source for Tables 1-6, while the Copenhagen Stock Exchange is the source for series of bond yields and the share-price index in Table 1. Statistics Denmark is the source for Tables 7-11, apart from the exchange-rate series in Table 9, for which Danmarks Nationalbank is the source.

Table 1 Interest rates and share-price index

Effective
end-of-year /
from

The Nationalbank's
interest rates

End of
period

Inter-bank
interest
rate,
3-months
uncollate-
ralized

Bond yields

The
Copen-
hagen
Stock
Exchange
share-price
index
(total)

Discount
rate

Repurchase
agreements
and certifi-
cates of
deposit

10-year
central-
government
bond

30-year
mortgage-
credit bond

Per cent per annum

Per cent per annum

1.1.83
=100

1993

6,25

6,75

1993

6,50

6,09

7,11

366

1994

5,00

5,50

1994

6,15

9,14

9,73

349

1995

4,25

4,60

1995

4,65

7,23

8,36

366

1996

3,25

3,50

1996

3,57

6,52

7,87

472

1997

3,50

3,75

1997

3,93

5,63

7,28

676

     

1997

Jun

3,56

6,29

7,58

589

Oct. 10, 1997

3,50

3,75

1998

Jan

3,82

5,40

7,20

690

May 6, 1998

4,00

4,25

 

Feb

3,81

5,22

6,51

695

May 29, 1998

3,75

4,00

 

Mar

3,82

5,15

6,49

767

       

Apr

3,91

5,29

6,56

727

       

May

4,10

5,07

6,43

748

Jul. 3, 1998

3,75

4,00

 

Jun

4,02

4,94

6,36

734

Table 2 Selected items from the Nationalbank's balance sheet

End of
period

The foreign-
exchange
reserve (net)

Notes and
coin in
circulation

The
central-
govern-
ment's
account
with the
National-
bank

The banks' net position with the Nationalbank

Certificates
of deposit

Deposits
(current
account)

Loans
(repurchase
agreements)

Total net
position

Kr. billion

1993

74,8

29,7

94,5

27,8

3,4

77,9

-46,8

1994

54,1

32,7

56,9

25,9

2,7

55,9

-27,4

1995

63,6

34,7

38,8

33,6

1,9

44,0

-8,5

1996

85,2

36,6

35,0

30,6

15,2

33,7

12,1

1997

129,7

38,7

34,0

52,1

18,0

19,8

50,3

1997

May

108,8

36,7

52,1

47,3

1,5

29,4

19,3

 

Dec

128,2

38,7

30,7

52,1

18,0

19,8

50,3

1998

Jan

154,3

36,9

52,1

68,5

2,1

15,3

55,3

 

Feb

142,8

36,6

45,7

61,8

1,5

13,1

50,2

 

Mar

139,6

37,2

52,1

49,4

13,5

18,7

44,2

 

Apr

119,1

39,0

47,5

41,7

15,8

31,8

25,7

 

May

117,9

39,0

72,0

30,3

4,0

34,4

-0,1

"to be continued"





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Version 1.0 July 1998 Nationalbanken.
Published by Danmarks Nationalbank July 1998, http://www.nationalbanken.dk