The National Bank of Denmark published its May 2026 foreign exchange reserve, liquidity and balance sheet data, showing the foreign exchange reserve increased by DKK 0.5 billion to DKK 687.5 billion. The change reflected the central government's net foreign borrowing of DKK 0.8 billion, partly offset by a DKK 0.3 billion net sale of foreign exchange. No foreign exchange market intervention took place for settlement in May. In domestic liquidity, the central government's net financing requirement was DKK -9.4 billion in May, and the net position of banks and mortgage-credit institutes vis-a-vis the central bank fell by DKK 11.4 billion to DKK 302.1 billion, with the central government's liquidity impact reducing that position by DKK 10.7 billion. The monthly balance sheet totalled DKK 733.5 billion at 31 May, up from DKK 732.4 billion a month earlier. The release also restated the policy rates in place since 6 June 2025, including 1.6% for the discount and current-account rates, 1.75% for the lending rate and 1.6% for certificates of deposit.
National Bank of Denmark2026-06-02
National Bank of Denmark reports May foreign exchange reserve rose to DKK 687.5 billion with no foreign exchange market intervention
The National Bank of Denmark reported its foreign exchange reserve rose by DKK 0.5 billion in May 2026 to DKK 687.5 billion, driven by central government net foreign borrowing of DKK 0.8 billion and a DKK 0.3 billion net sale of foreign exchange, with no market intervention. Domestic liquidity data showed the central government’s net financing requirement at DKK -9.4 billion and banks’ and mortgage-credit institutes’ net position with the central bank down by DKK 11.4 billion to DKK 302.1 billion, while the balance sheet increased slightly to DKK 733.5 billion. Policy rates have remained unchanged since 6 June 2025, with a 1.6% discount and current-account rate, a 1.75% lending rate and a 1.6% certificates of deposit rate.