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Danish central bank sells treasury bills for DKK12.3bn - report.

NORDIC BUSINESS REPORT-29 July 2004-Danish central bank sells treasury bills for DKK12.3bn - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com

Danish central bank Danmarks Nationalbank reportedly said on Thursday (29 July) that it had sold DKK12.3bn of treasury bills at its monthly auction in July 2004.

The minimum accepted rate for the three-month treasury bills was reportedly 2.14%, down from 2.16% in the previous end-June auction when the series had a four-month maturity.

Six-month treasury bills were reportedly sold at 2.22%, down from 2.25% one month ago, while nine-month bills went at 2.35% against last month's 2.38%.

A new 12-month bill was reportedly sold at 2.47%.

Bids for the four series totalled DKK27.2bn, reported Reuters.

One Danish krone (DKK) is worth approximately 0.09 British pounds (GBP).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

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Publication:Nordic Business Report
Article Type:Brief Article
Geographic Code:4EUDE
Date:Jul 29, 2004
Words:151
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