So the banks have become increasingly dependent on financial markets to raise money-market loans from other banks and to issue securities both nationally and internationally. The individual bank will also find it important to maintain access to these sources of financing. These sources are more sensitive than traditional deposits to changes in market conditions and the assessment of the individual bank's financial performance.
This could make the banks more vulnerable. The Minster of Economic and Business Affairs is finalising a bill which will enable banks to issue covered bonds on an equal footing with the mortgage credit institutes. You may ask why it is necessary to change the Danish system of financing real property via the mortgage-credit institutes.