DESTR is a robust anchor in the Danish capital market
Analysis - March 2023 - No. 5
The existence of a robust and reliable reference rate in Danish kroner is important for both financial market participants, companies and households since reference rates are used in a wide range of financial products, including bank loans, mortgage bonds and interest rate swaps as well as input for the valuation of financial assets. The Danish market should follow international standards by developing a liquid and well-functioning DESTR market across asset classes and market participants are encouraged to use DESTR as the primary reference rate in financial products going forward.