Introduction to the Danish Mortgage Bond Market


The Danish market for covered mortgage bonds is unique. With a volume of about EUR 450 billion, it is the largest in Europe and one of the oldest and most stable in the world: its roots date back to 1797 with investors not having experienced any defaults ever since. This is why Danish Mortgage Bonds with their first-class ratings of at least AA- are considered a safe haven for investors wishing to achieve comparatively attractive yields relative to government bonds and other covered bonds.

Read the full article by Allan W. Larsen, Sr. Vice President, Head of FX and Mortgage Bonds.