“Denmark is hit by the fact that they don’t do QE, and in that case this is the logical step to take to expand to other types of investors, ” Jan Storup Nielsen, chief analyst at Nordea, said.
COPENHAGEN: Denmark may issue securities in foreign currencies for the first time in years as the government debt office pulls out the stops to finance programmes to support the economy through the coronavirus crisis.
While issuing in Danish kroner is the preferred option, Denmark is “one of the few countries in the world with the highest credit rating” and therefore “in a favourable position when it comes to obtaining attractive financing conditions in the international debt capital market, ” the debt office said in a fresh analysis published by the central bank yesterday.
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