|
Danmarks Nationalbank's statistics on ownership concentration of Danish mortgage-credit bonds are broken down by series with low, medium and high concentration, respectively. The below Excel file shows this breakdown for the last closed month. The ownership concentration has the following possible outcomes:
1 – Series with low concentration
2 – Series with medium concentration
3 – Series with high concentration
0 – The total series is owned by the issuer
The compilation is relevant for e.g. borrowers in mortgage-credit series, because bond series with high concentration tend to be characterised by lock-in effects, cf. Danmarks Nationalbank's Monetary Review, 4th Quarter 2008. The lock-in effects in mortgage-credit bonds may entail a higher price for bonds in periods where purchase is relevant.
The file is last updated: | Ownership concentration of Danish mortgage-credit bonds |
25 February 2010 | |
|
