Danmarks Nationalbank Gains Access to Eurosystem Repo Facility for Central Banks (EUREP)

Danmarks Nationalbank has secured access to the Eurosystem Repo Facility for Central Banks (EUREP), a standing facility enabling it to borrow up to €50 billion in euro liquidity from the Eurosystem against high-quality euro-denominated securities. This initiative, welcomed by Governor Signe Krogstrup, is designed to serve as an additional liquidity backstop, bolstering Denmark's access to euro liquidity and enhancing the resilience of its foreign exchange reserves.