Nationalbanken moves to help banks

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The Danish central bank Nationalbanken is increasing Danish private banks’ access to liquidity by expanding the current guarantee system by up to DKK 400 billion, the central bank says in a news release.

“Danmarks Nationalbank widens the banks' access to collateralised credit facilities at Danmarks Nationalbank by expanding the existing collateral basis – primarily government and mortgage bonds – to include the banks' credit claims of good quality,” the bank says.

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