Auction results - T-bills

T-bill auction results will be published following the completion of each auction.


Date Value date ISIN Security Bid, DKK million Sale, DKK million Cut-off rate Pro rata Price
12-06-2024 14-06-2024 DK0009819583 DGTB 24 / III 1,780 540 3.310 100 99.2608
12-06-2024 14-06-2024 DK0009819666 DGTB 24 / IV 860 500 3.253 100 98.4783
30-05-2024 03-06-2024 DK0009819583 DGTB 24 / III 1,600 240 3.300 100 99.1637
30-05-2024 03-06-2024 DK0009819666 DGTB 24 / IV 2,820 840 3.257 100 98.3801
15-05-2024 17-05-2024 DK0009819583 DGTB 24 / III 1,240 500 3.380 100 98.9870
29-04-2024 01-05-2024 DK0009819310 DGTB 24 / II 200 - - - -
29-04-2024 01-05-2024 DK0009819583 DGTB 24 / III 200 - - - -
10-04-2024 12-04-2024 DK0009819310 DGTB 24 / II 740 180 3.525 100 99.4934
10-04-2024 12-04-2024 DK0009819583 DGTB 24 / III 700 - - - -
26-03-2024 02-04-2024 DK0009819310 DGTB 24 / II 620 - - - -
26-03-2024 02-04-2024 DK0009819583 DGTB 24 / III 500 400 3.44 100 98.5498
13-03-2024 15-03-2024 DK0009819310 DGTB 24 / II 1,300 500 3.535 100 99.2206
13-03-2024 15-03-2024 DK0009819583 DGTB 24 / III 400 300 3,420 100 98.3923
28-02-2024 01-03-2024 DK0009819310 DGTB 24 / II 2,300 1,640 3.530 100 99.0867
28-02-2024 01-03-2024 DK0009819583 DGTB 24 / III 1,000 500 3.420 100 98.2637
14-02-2024 16-02-2024 DK0009819310 DGTB 24 / II 1100 100 3.500 100 98.9609
30-01-2024 01-02-2024 DK0009819237 DGTB 24 / I 360 260 3.540 100 99.7156
30-01-2024 01-02-2024 DK0009819310 DGTB 24 / II 140 40 3.420 100 98.8450
17-01-2024 19-01-2024 DK0009819237 DGTB 24 / I 860 - - - -
17-01-2024 19-01-2024 DK0009819310 DGTB 24 / II 100 - - - -
28-12-2023 02-01-2024 DK0009819237 DGTB 24 / I 100 - - - -
28-12-2023 02-01-2024 DK0009819310 DGTB 24 / II 100 - - - -

Note: bid and sale are at nominal values.


See historical T-bill auction results.

General information about treasury bill auctions

The central government's auctions are conducted through the MTS Denmark auction system with the primary dealers as counterparties. Investors can place bids at the auctions through primary dealers. Normally, treasury bill auctions are held at minimum on the second last trading day of each month.

Pricing, bids and allotment

The auction principle is uniform pricing. This means that bids at the cut-off rate or below are met at the cut-off rate. Securities can be allotted pro rata to bids at the cut-off rate, entailing that all investors with bids at the cut-off rate are allotted the same share of their bids. It should be noted that an auction can be completed without allotment.
Each primary dealer may place an arbitrary number of bids. The deadline for submitting bids on the auction day is typically 10:15 a.m. A cut-off rate is then fixed and announced within 10 minutes.

Announcement of auction results

When the auction has been completed, the auction results are announced via DN News and published under auction results.

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