This means that, as a general rule, the central government raises loans in foreign currency if it is deemed appropriate to support the foreign-exchange reserve. This has not been the case in recent years, and the loans have been gradually repaid. Therefore, since the repayment of a dollar-loan in March 2017 the Danish central government currently has no foreign currency loans.
In 2017, the target for domestic bond issuance is 65 billion kroner – or around 9 billion euro. This is unchanged from 2016. Issuance will mainly be focussed in the 2- and 10-year segments to build up of the volume of two new on-the-run issues and to support market liquidity.