The net position covers the monetary-policy counterparties' total net deposits with Danmarks Nationalbank for monetary-policy purposes. It is defined as in the example below, which shows the net position as at 28 September 2015.
The net position is calculated daily at 3:30 pm and announced at 4:00 pm.
The net position is mainly influenced by government payments, Danmarks Nationalbank's foreign-exchange transactions and changes in the circulation of banknotes and coins.