Danmarks Nationalbank sold DKK 2.95 billion in nominal Danish government bonds in its Nov. 4 auction, with investors submitting DKK 6.37 billion in bids across two maturities, the bank’s results show.
The 2.25% DGB due Nov. 15, 2035, received DKK 4.22 billion in bids. The bank sold DKK 1.85 billion at a cut-off price of 93.25. The pro rata allocation was 50%, and the annual yield was 3.12%.
For the 2.00% DGB due Nov. 15, 2028, bids totaled DKK 2.15 billion. Danmarks Nationalbank sold DKK 1.1 billion at a cut-off price of 98.445, with a 100% pro rata allocation and a 2.80% annual yield.
Settlement is scheduled for Nov. 6.
