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Market practices in Denmark
Denmark
Name of National Central Bank | Danmarks Nationalbank |
Phone number of the CCBM unit | + 45 33 63 69 39 |
Fax number of the CCBM unit | + 45 33 63 71 17 |
targetgroup@nationalbanken.dk | |
Foreign counterparties’ contact for credit claim related issues | Not applicable |
Publications describing local legal and operational procedures | - |
Legal and procedural aspects
Procedural aspects governing a repurchase agreement with the NCB and legal documentation used (if applicable) | When acting as CCB, a safe custody account in the HCB's name is opened.Danmarks Nationalbank acts as the administrator of this account. |
Procedural aspects governing a pledge towards the NCB and legal documentation used (if applicable) | When acting as CCB, a safe custody account is opened in the pledger's name. Danmarks Nationalbank acts as the administrator of this account. |
Specific procedures governing non-marketable assets | Not applicable |
Technical Aspects | Værdipapircentralen A/S (VP Securities Services) |
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Type of eligible assets held | Marketable assets |
Opening hours | 08:00 - 17:00 CET |
Number of settlement cycles per day (please indicate cut-off for inputting instructions for each cycle) | - |
BIC of SSS(s) | VPDKDKKK |
Account of NCB in the SSS | - |
HCB's sub accounts in the SSS (where applicable) | - |
Matching requirements | - |
Matching/Settlement details | See VP website |
Special Operating Procedures | - |
Homepage of SSS | www.vp.dk |