Since 2022 the European Central Bank and Danmarks Nationalbank have increased their key monetary policy rates at a record pace. This study shows that the pass-through to retail rates has been stronger in Denmark than in the euro area so far. Interest rate fixation periods are shorter in Denmark,...

Rising mortgage rates have led to one in five Danish fixed-rate mortgages to be refinanced during the first three quarters of 2022. The unique Danish match-funding principle has allowed fixed rate mortgage borrowers to buy back their existing mortgages at a 18 per cent discount, on average. 62...

This memo provides three insights into the inner workings of nonbank lending in Denmark. First, we show that nonbanks are an important source of funding for Danish firms and households, accounting for about 8 per cent of total unsecured corporate and consumer credit. Second, we show that the...

This memo provides two insights on the evolution of market concentration in the Danish rental market and its relation to rental prices. First, we show that rental market concentration not only increased between 2010 and 2020, but also varied significantly across Danish municipalities. Second, we...