As Danish bond market dries up, investors look for more liquid assets

April 14, 2015 11:30 AM

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COPENHAGEN, April 14 (Reuters) - Denmark's 700 billion crown ($99 billion) government bond market has been hammered by the central bank's January decision to halt government bond issuance, and analysts say investors are looking to park their money in other assets.

Denmark stopped selling new bonds to investors in January in a bid to reduce demand for the crown, which remained strong even after the central bank cut its deposit rate deep into negative territory. But the move risks slowly killing off the market and driving investors away.

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