Danmarks Nationalbank issues market announcements on behalf of the central government, including in connection with issuances of new government bonds and changes of benchmark series. The announcements are aimed at market participants such as Danish and foreign banks and investors wishing to stay up to date.

Central-government debt

The government has issued a 2-year bond in US dollar

On 24 June 2025, the government issued a bond in US dollar maturing on 1 July 2027.

The bond was issued as a bullet bond with a coupon of 3.875 per cent. In total, USD 1.5 billion was issued. Proceeds from the issue were swapped to EUR 1.3 billion with a variable rate based on ESTR. 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.

Contact

For further information please contact the Danish debt management office.

Press release