Monetary policy interest rates
As Denmark’s central bank, Danmarks Nationalbank is responsible for monetary policy in Denmark, conducting it by fixing monetary policy interest rates. Monetary policy interest rates consist of the current account rate, lending rate and certificate of deposit rate.
In practice, Danmarks Nationalbank implements monetary policy through banks and mortgage credit institutions in Denmark, i.e. its monetary policy counterparties. The monetary policy interest rates are linked to the deposits and loans that counterparties may have at Danmarks Nationalbank. In addition, Danmarks Nationalbank is responsible for determining DESTR, the short-term reference rate in Danish kroner. DESTR is the preferred short-term reference rate in Danish kroner and is based on unsecured deposit transactions in the money market.
The statistics on monetary policy interest rates contain daily, monthly and annual statements of Danmarks Nationalbank’s monetary policy interest rates.
Monetary policy interest rates in Statbank
More on monetary policy interest rates
Sources and methods
Read more about sources and method for the statistics here.
Questions?
You can contact Danmarks Nationalbank if you have questions on the statistics