Danish Government Bond Auction Preview June 2026

SEB previews the June 3rd Danish government bond auction of 10Y Green and 30Y nominal bonds, suggesting DGB'35 Green is fairly priced with a cheap greenium, while DGB'52 is expensive.

Key Takeaways

• 1.The Danish Central Bank will auction 10Y 2.25% DGB 2035 Green and 30Y 0.25% DGB 2052 bonds on June 3, 2026.
• 2.Pricing for the DGB'35 Green bond is considered fair, but its indicative greenium of 0.4 bps is viewed as cheap.
• 3.The 30Y DGB'52 bond is currently assessed as being priced expensively.

Table of Contents

• Auction Preview
• DGB'35 Green and DGB'52
• General
• DGB'35 Green
• DGB'52
• DGBs – Funding in 2026
• DGB - relative value vs. DBR and swaps
• 10Y DGB vs Germany and EUR cores
• 30Y DGB vs Germany and EUR cores
• Pricing 10Y DGB Greenium
• DISCLAIMERS/DISCLOSURE

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial