Other publications may include books, quarterly reviews, annual reports and economic bulletins from the ECB, PhD theses and Danmarks Nationalbank’s policies.

Monetary policy

Financial Institutions' Accounts at and Pledging of Collateral to Danmarks Nationalbank

Danmarks Nationalbank plays a pivotal role in Denmark's financial system since fundamentally, claims on Danmarks Nationalbank are free of risk and liquid. The general acceptance of this is prerequisite to Danmarks Nationalbank's ability to conduct monetary policy and thereby determine the level of the short-term interest rate. Furthermore, it entails that claims on Danmarks Nationalbank are used to settle transactions between the financial agents. In practice, transactions are settled via accounts at Danmarks Nationalbank.