Nationalbank

Denmark to join Eurosystem’s TARGET services

Retrieved on: 
星期三, 十二月 9, 2020

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    Denmark to join Eurosystems TARGET services

    8 December 2020

    Danmarks Nationalbank, Denmarks central bank, has applied to join the European Central Banks (ECB) T2 payment system, the Eurosystems new real-time gross settlement system (RTGS).

  • Danmarks Nationalbank has also expressed interest in joining TARGET Instant Payment Settlement (TIPS) within the same time frame.
  • The inclusion of the Danish krone in the Eurosystems payment platforms will enable market participants in Denmark to use T2 and TIPS services and to settle payments in both euro and Danish krone.
  • T2 and TIPS services support transactions in different currencies, as is the case for the current TARGET2-Securities (T2S) system.

Denmark to join Eurosystem’s TARGET services

Retrieved on: 
星期二, 十二月 8, 2020

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    Denmark to join Eurosystems TARGET services

    8 December 2020

    Danmarks Nationalbank, Denmarks central bank, has applied to join the European Central Banks (ECB) T2 payment system, the Eurosystems new real-time gross settlement system (RTGS).

  • Danmarks Nationalbank has also expressed interest in joining TARGET Instant Payment Settlement (TIPS) within the same time frame.
  • The inclusion of the Danish krone in the Eurosystems payment platforms will enable market participants in Denmark to use T2 and TIPS services and to settle payments in both euro and Danish krone.
  • T2 and TIPS services support transactions in different currencies, as is the case for the current TARGET2-Securities (T2S) system.

ECB and Danmarks Nationalbank reactivate swap line to provide euro liquidity

Retrieved on: 
星期六, 三月 21, 2020

Swap line reactivated as of 20 March 2020, to remain in place for as long as needed

Key Points: 
  • Swap line reactivated as of 20 March 2020, to remain in place for as long as needed
    The European Central Bank (ECB) and Danmarks Nationalbank have today reactivated a currency arrangement (swap line) and increased the maximum amount to be borrowed by Danmarks Nationalbank from 12 billion to 24 billion.
  • It will remain in place for as long as needed.
  • The purpose of the reactivation is for Danmarks Nationalbank to provide euro liquidity to Danish financial institutions.
  • For media queries, please contact Eva Taylor , tel.