Danmarks Nationalbank has agreed with the Federal Reserve to temporarily establish a bilateral swap line to address the increased need for short-term liquidity in US dollar. The swap line amounts to a total of 30 billion dollars.
In December 2020 the swap line was extended and now runs until September 2021.
Based on the agreement Danmarks Nationalbank can conduct auctions, where US dollar liquidity is offered to the monetary policy counterparties of Danmarks Nationalbank. Loans are provided against Nationalbanken's eligible collateral for monetary policy operations.
The minimum bid rate and the maximum volume will be announced on the auction day at 10.00 together with Danmarks Nationalbank's other market operations.
Monetary counterparts can submit their bids in the bid form (found under documents in the right side) between 1.30 pm and 2.30 pm. The auction results will be published 3.00 pm. via the news agencies and this webpage, cf. the auction terms found under documents.
Auction schedule
Auction date |
Settlement date |
Maturity date |
Term (days)
|
Indicative max volume, USD million |
Auction procedure |
|
|
|
|
|
|
Auction results
Auction date |
Settlement date |
Maturity date |
Term(days) |
Bid, USD million |
Allotment, USD million |
Cutoff rate, per cent p.a. |
Number of counterparts |
16-12-2020 |
18-12-2020 |
12-03-2021 |
84 |
150 |
150 |
0,33 |
1 |
02-12-2020 |
04-12-2020 |
26-02-2021 |
84 |
200 |
200 |
0,33 |
1 |
23-09-2020 |
25-09-2020 |
18-12-2020 |
84 |
0 |
0 |
- |
- |
09-09-2020 |
11-09-2020 |
04-12-2020 |
84 |
0 |
0 |
- |
- |
26-08-2020 |
28-08-2020 |
20-11-2020 |
84 |
0 |
0 |
- |
- |
19-08-2020 |
21-08-2020 |
28-08-2020 |
7
|
0 |
0 |
- |
- |
19-08-2020 |
21-08-2020 |
13-11-2020 |
84 |
0 |
0 |
- |
- |
12-08-2020 |
14-08-2020 |
21-08-2020 |
7
|
0 |
0 |
- |
- |
12-08-2020 |
14-08-2020 |
06-11-2020 |
84 |
0 |
0 |
- |
- |
05-08-2020 |
07-08-2020 |
14-08-2020 |
7
|
0 |
0 |
- |
- |
05-08-2020 |
07-08-2020 |
30-10-2020 |
84 |
0 |
0 |
- |
- |
29-07-2020 |
31-07-2020 |
7-08-2020 |
7
|
0 |
0 |
- |
- |
29-07-2020 |
31-07-2020 |
23-10-2020 |
84 |
0 |
0 |
- |
- |
22-07-2020 |
24-07-2020 |
31-07-2020 |
7
|
0 |
0 |
- |
- |
22-07-2020 |
24-07-2020 |
16-10-2020 |
84 |
0 |
0 |
- |
- |
15-07-2020 |
17-07-2020 |
24-07-2020 |
7 |
0 |
0 |
- |
- |
15-07-2020 |
17-07-2020 |
09-10-2020 |
84 |
0 |
0 |
- |
- |
08-07-2020 |
10-07-2020 |
17-07-2020 |
7 |
0 |
0 |
- |
- |
08-07-2020 |
10-07-2020 |
02-10-2020 |
84 |
0 |
0 |
- |
- |
30-06-2020 |
02-07-2020 |
10-07-2020 |
8 |
0 |
0 |
- |
- |
30-06-2020 |
02-07-2020 |
25-09-2020 |
85 |
0 |
0 |
- |
- |
24-06-2020 |
26-06-2020 |
02-07-2020 |
6 |
0 |
0 |
- |
- |
24-06-2020 |
26-06-2020 |
18-09-2020 |
84 |
0 |
0 |
- |
- |
17-06-2020 |
19-06-2020 |
26-06-2020 |
7 |
0 |
0 |
- |
- |
17-06-2020 |
19-06-2020 |
11-09-2020 |
84 |
300 |
300 |
0,34 |
1 |
10-06-2020 |
12-06-2020 |
19-06-2020 |
7 |
0 |
0 |
- |
- |
10-06-2020 |
12-06-2020 |
04-09-2020 |
84 |
0 |
0 |
- |
- |
02-06-2020 |
04-06-2020 |
12-06-2020 |
8 |
0 |
0 |
- |
- |
02-06-2020 |
04-06-2020 |
28-08-2020 |
85 |
0 |
0 |
- |
- |
27-05-2020 |
29-05-2020 |
04-06-2020 |
6 |
0 |
0 |
- |
- |
27-05-2020 |
29-05-2020 |
21-08-2020 |
84 |
0 |
0 |
- |
- |
18-05-2020 |
20-05-2020 |
29-05-2020 |
9 |
0 |
0 |
- |
- |
13-05-2020 |
15-05-2020 |
20-05-2020 |
5 |
0 |
0 |
- |
- |
13-05-2020 |
15-05-2020 |
07-08-2020 |
84 |
0 |
0 |
- |
- |
05-05-2020 |
07-05-2020 |
15-05-2020 |
8 |
0 |
0 |
- |
- |
05-05-2020 |
07-05-2020 |
31-07-2020 |
85 |
0 |
0 |
- |
- |
29-04-2020 |
01-05-2020 |
07-05-2020 |
6 |
1,000 |
1,000 |
0.32 |
1 |
29-04-2020 |
01-05-2020 |
24-07-2020 |
84 |
0 |
0 |
- |
- |
22-04-2020 |
24-04-2020 |
01-05-2020 |
7 |
1,000 |
1,000 |
0.29 |
1 |
22-04-2020 |
24-04-2020 |
17-07-2020 |
84 |
0 |
0 |
- |
- |
15-04-2020 |
17-04-2020 |
24-04-2020 |
7 |
1,000 |
1,000 |
0.30 |
1 |
15-04-2020 |
17-04-2020 |
10-07-2020 |
84 |
40 |
40 |
0.45 |
1 |
06-04-2020 |
08-04-2020 |
02-07-2020 |
85 |
1,425 |
1,425 |
0.33 |
4 |
26-03-2020 |
30-03-2020 |
08-04-2020 |
9 |
25 |
25 |
0.32 |
1 |
26-03-2020 |
30-03-2020 |
19-06-2020 |
81 |
2,825 |
2,825 |
0.34 |
4 |