Bericht
Domestic bond portfolio adjustments during duration jumps
This Memo investigates the bond portfolio reaction of key Danish institutional investors to duration jumps in callable mortgage bonds. It shows that the investors remain net buyers of Danish mortgage bonds during periods of jumps. In particular, they buy more than they do on average, supporting the Danish mortgage bond market, limiting a potential self-reinforcing mechanism of duration jumps.
- Sprache
-
Englisch
- Erschienen in
-
Series: Economic Memo ; No. 10
- Klassifikation
-
Wirtschaft
- Thema
-
Monetary policy
Government bonds
Duration
Monetary-policy transmission
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Achord, Samuel Donald
Autrup, Søren Lejsgaard
Loncar, Nastasija
Otte, Alexander Meldgaard
Risbjerg, Lars
Rønde, Casper
Westergaard, Johan Emil
- Ereignis
-
Veröffentlichung
- (wer)
-
Danmarks Nationalbank
- (wo)
-
Copenhagen
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Achord, Samuel Donald
- Autrup, Søren Lejsgaard
- Loncar, Nastasija
- Otte, Alexander Meldgaard
- Risbjerg, Lars
- Rønde, Casper
- Westergaard, Johan Emil
- Danmarks Nationalbank
Entstanden
- 2021
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