Denmark Raises DKK2.24 Billion in 2021, 2027 Bond Auction

By Emese Bartha Features Dow Jones Newswires

The Danish debt management office sold 2.24 billion Danish krone ($329 million) in 2021- and 2027-dated government bonds at an auction Wednesday, the central bank said.

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The following are details of the auction, with figures in DKK. Figures in brackets are data from the previous auctions held April 5 and April 19 respectively.

Issue 3.00% Nov. 15, 2021

Amount on offer Open

Bids received 1.75 bln

Bids accepted 1.20 bln

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Bid-to-cover ratio 1.46 (1.59)

Yield -0.26% (-0.32%)

Price 114.88 (115.44)

Settlement date May 5, 2017

Issue 0.50% Nov. 15, 2027

Amount on offer Open

Bids received 1.69 bln

Bids accepted 1.04 bln

Bid-to-cover ratio 1.63 (2.76)

Yield 0.60% (0.46%)

Price 98.95 (100.38)

Settlement date May 5, 2017

-Write to Emese Bartha at emese.bartha@wsj.com

(END) Dow Jones Newswires

May 03, 2017 04:45 ET (08:45 GMT)