Switch Operation

Published 8 October 2019

Date and time of the event:

09/10/2019 10:15

Bond(s) offered: 0.50 pct. DGB 2029 against buyback of 0.50 pct. DGB 2027. Max. (issuance): 1.5 bln. DKK. Risk neutral switch. // 0.10 pct. DGBi 2030 against buyback of 0.10 pct. DGBi 2023. Max. (issuance): 1.5 bln. DKK. Switch ratio 1:1 nominal.

General information about switch operations

Switch operations offer investors the possibility to exchange off-the-run government bonds with on-the-run government bonds at market price.

The switch operations are conducted through MTS Denmark with the primary dealers as counterparties. Investors can participate through primary dealers.

Announcement of results

​When the operation has been completed, the results are published under Switch operations.