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Denmark's Central Bank Sells 340 Million Kroner in Treasury Bills

Danmarks Nationalbank received nominal bids of 540 million kroner for SKBV 27 / I, and settlement is scheduled for Nov. 3.

Updated 1 min read
Danmarks Nationalbank’s headquarters stands along Havnegade in Copenhagen on an overcast autumn morning. / EconoTimes.ai
Danmarks Nationalbank’s headquarters stands along Havnegade in Copenhagen on an overcast autumn morning. / EconoTimes.ai

Danmarks Nationalbank sold 340 million kroner in treasury bills at its Oct. 30 auction, against nominal bids of 540 million kroner for the SKBV 27 / I issue. The difference between bids and sales was 200 million kroner.

The central bank reported a cutoff rate of 2.260%, a price of 99.2585 and a 100% pro-rata allocation. Its results listed no bids or sales for SKBV 26 / IV.

Settlement for SKBV 27 / I is scheduled for Nov. 3, Danmarks Nationalbank said.

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