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Copenhagen Stock Exchange: Record-Breaking Trading Volume On The Bond Market

Date 11/12/2001

Today the bond trading reached a record high with DKK 113 billion in market value. The last time the bond market peaked was on 22 September 1998 with nearly DKK 94 billion in market value.

The record is a consequence of the most extensive refinancing of interest rate adjustment loans taking place in recent times. The year's refinancing auctions began yesterday with BRFkredit, and today Realkredit Danmark sold for more than DKK 43 billion and Nordea Kredit for just under DKK 5 billion. Nykredit's auction is scheduled for 18 December.