DaniCast

In this episode we delve a bit deeper into how the recent moves in interest rates affect 

• the current series of issuance, 
• duration, and 
• what this means for investors.

It gets kind of technical...
... but at least it's not boring!

Interest rate swings have an effect on duration, and 2021 has thrown its share of curve balls into the mix. In this episode we discuss optionality and analyze the actions of both investors and issuers.

CSDR is all about avoiding failed trades. In other words: you receive what you pay for; cash upon delivery.

• SETTLEMENT DISCIPLINE ? - a good thing
• FORCED BUY-INS ? - a bad thing

The devil is in the details. Tune in to learn why.

Andy Hill from ICMA joins this episode to discuss the repercussions.

(*please note that CSDR is due to come into force in February, 2022, not 2021, as mentioned during the podcast.)

A look back at the Danish mortgage bond market starting after the great Copenhagen Fire of 1795 and  how this small country of just shy of six million people now has the third largest covered bond market in the world behind those of the United States and the Republic of Germany.

Mikael and Brett discuss what makes Danish mortgage bonds unique and ask the question, “Why are these assets so attractive for investors?”