THE DANISH COVERED BOND MARKET IN TIMES OF COVID-19

The Danish Covered Bond Market belongs to the oldest, most unique, liquid and stable in the world. Its history dates all the way back to 1795 without any records of defaults. Furthermore, with an outstanding volume of around 350 billion euros it is, alongside Germany, the biggest market around the globe. The author depicts how the country and the asset class are navigating through these turbulent times. Analysing the fast recovery of spreads and the uninterrupted rise in housing prices, it …