Denmark is struggling with mortgage risks

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters

Danish lenders are facing risks in mortgage-bond business as they are struggling to attract $90 bn from investors in securities' auction starting this week. Denmark's Mortgage Bankers' Federation is pushing banks to stop selling one-year notes used to fund home loans, claiming that such funding is too risky. Danish Mortgage Banks' association refutes the criticism saying that one-year notes are stable.

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