Jens Thomsen: Government bond markets in 2009 Speech by Mr Jens Thomsen, Member of the Board of Governors of the National Bank of Denmark and Chairman of the Economic and Financial Committee, Sub-Committee on EU Government Bonds and Bills Markets, 1 at the European Government Bond Summit, Brussels, 5 November 2009. * 1.
As of now, inflation is restrained by: ▪ ▪ ▪ ▪ ▪  a certain recovery in the economic activity a gradual setting up of logistics an increase in supply from domestic producers and importers an excess of agricultural inputs and a relatively low demand for them the NBU fixing the official exchange rate and limiting its fluctuations on the interbank market, and the government imposing administrative caps on prices.