Business & Finance

Denmark's central bank offers 0pc bullet bond

  • The new bond, which will replace an existing 0.25% bullet bond expiring in 2022, will have an interest payment on Nov. 15 and repayment on Nov. 15, 2024, the bank said.
Published April 13, 2021 Updated April 13, 2021 06:53pm
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COPENHAGEN: Denmark will open a new 0% bullet bond expiring in 2024, the country's central bank said on Tuesday.

The new bond, which will replace an existing 0.25% bullet bond expiring in 2022, will have an interest payment on Nov. 15 and repayment on Nov. 15, 2024, the bank said.

The total sale will not exceed 5 billion Danish crowns ($802.25 million) at nominal value, it said.