Danish pension funds want central bank to purchase government bonds

If Danish pension resources are to be used in the government bonds that are being introduced to support the government's aid packages, the central bank must support them, say pension players.

Poul Kobberup, CIO at Danica. | Photo: PR/ Danica

Industry aid packages require the issue of government bonds, but pension companies are cautious when it comes to promising bond purchases worth billions of kroner, writes Danish business daily Børsen.

"We all need to be public spirited in all kinds of contexts - but things need to add up. We have investments in companies that need liquidity, we have investments in credit and mortgage markets, where liquidity is rare. It doesn't make it easier when this is also the case on the government bond market," says CIO at Danica, Poul Kobberup, to Børsen.

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