This will become even more important as India’s integration with the global economy increases. Surely, globalization is a double edged sword. It comes with costs and benefits. ii. The recent experience has once again demonstrated that vulnerabilities in one market transmit to other markets at lightening speeds often raising new challenges before earlier ones are addressed.
Danish government bonds are AAA-rated. This benefits the Danish market for mortgage bonds, which is one of the largest  BIS central bankers’ speeches  3  and most liquid in the world due to our mortgage credit system.