Denmark targets government bond sales of 95bn crowns in 2018

COPENHAGEN: Denmark's borrowing needs will be unchanged at 95 billion Danish crowns ($15.05 billion) next year, the central bank said on Thursday.

The bank said it will target sales of 65 billion crowns worth of domestic government bonds and 30 billion crowns of T-bills. It will also open a new index-linked bond that will mature in 2030.

The balance on the government's account is expected to be around 100 billion crowns at the end of 2018, the bank said.