The bond was issued as a bullet bond with a coupon of 5.00 percent. In total, US dollars 1.5 billion was issued. Proceeds from the issue were swapped to euro 1.4 billion with a variable rate. The issuance process and the composition of the investors can be seen in the attached press release.
By continuously issuing under the government’s EMTN programme, the program is kept active and thus forms part of the central government’s and Danmarks Nationalbank's liquidity reserve. The issuance also contributes to ensuring that everything in the issuance process functions as it should, and that the government maintains a strong and diversified market access in foreign currency funding.
For further information please contact the Danish debt management office.
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For further information please contact the Danish debt management office.