Denmark Сertificates of Deposit Rate
FIND, SAVE & TRACK INVESTMENTS WITH CBONDS WATCHLIST
With Cbonds Watchlist you can always stay updated on your investments to make conscious decisions!
With Cbonds Watchlist you can always stay updated on your investments to make conscious decisions!
Everything you need for fixed income research and monitoring.
The main goal of the National Bank of Denmark is to maintain a fixed exchange rate of the Danish krone against the euro. By setting the interest rate, the National Bank achieves this goal. In recent years, the National Bank has been pursuing a mirror policy for the ECB in relation to interest rates. The National Bank sets several rates. This rate is the rate for certificates of deposit. Every week, the National Bank carries out operations with certificates of deposit on the open market, influencing the value and dynamics of short-term interest rates.
Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(30541, date)
Cbonds add-in