Banking
- Handles various customer relationships and activities with banks, the central government, central banks, etc.
- Is responsible for ensuring stable settlement of payments over the day and monitoring the smooth progress of the monetary policy day
- Undertakes a wide range of tasks within settlement, payments and liquidity management
- Undertakes control and reconciliation of Danmarks Nationalbank's investment of its foreign exchange and securities portfolios and control of issuance and redemption of government securities
Monetary Policy Operations and Government Debt
- Monitors developments in the Danish and global foreign exchange markets and implements the exchange rate policy laid down by the Board of Governors by intervening in the foreign exchange market
- Monitors the Danish money market and implements the monetary and liquidity policies laid down by the Board of Governors by intervening in the foreign exchange market
- Sells and buys back domestic government securities, raises foreign government loans, concludes interest rate swaps and undertakes operational management of a number of portfolios
- Manages risk on the government debt portfolio
- Manages borrowing by government-owned companies
- Prepares the publication Danish Government Borrowing and Debt and announcements on central government debt
Reserve Management and Collateral
- Lays down and monitors the investment frameworks for Danmarks Nationalbank's portfolios. These portfolios are the foreign exchange reserve, the holdings of kroner and the gold stock
- Prepares the framework and lines for management of credit, market and liquidity risk on the portfolios
- Invests the foreign exchange reserve with a view to achieving the highest possible risk-adjusted return, while observing the limits for, inter alia, liquidity, interest rate and credit risk
- Prepares policies and frameworks for collateralization
Contact us
e-mail: Banking and Markets
telephone: +45 3363 6701
Banking
jma@nationalbanken.dk
telephone: +45 3363 6902 (Jesper Mærsk)
Monetary Policy Operations and Government Debt
lmn@nationalbanken.dk
telephone: +45 3363 6102 (Lars Mayland Nielsen)
Reserve Management and Collateral
mkj@nationalbanken.dk
telephone: +45 3363 6120 (Morten Kjærgaard)