The Social Pension Fund (SPF) invests in listed bonds
Seeing that the central-government carries the interest rate risk on the financing of the subsidised housing that receives governmental debt service support, it is the intention to cover this risk in connection with the auctions of adjustable-rate mortgage bonds in December.
Hence SPF will invest for approximately 44 billion DKK in non-callable mortgage bonds with a view to covering the central-government interest rate risk relating to the financing of subsidised housing.
For further information please see the Ministry of the Interior and Social Affairs stock exchange announcement issued yesterday on mortgage bonds related to subsidised housing.
Read more about the stock exchange annoncement