Denmark Central Bank Lending Rate: Bloomberg Survey

The following table shows economists’ forecasts for Denmark’s benchmark central bank rate as surveyed by Bloomberg News from Aug. 15 to Aug. 20. All figures are as of the end of the quarter.

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                                   3Q     4Q     1Q     2Q     4Q
                                 2014   2014   2015   2015   2015
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# of replies                        4      5      3      4      4
Median                          0.20%  0.20%  0.20%  0.20%  0.35%
Average                         0.20%  0.22%  0.20%  0.25%  0.53%
High Forecast                   0.20%  0.30%  0.20%  0.40%  1.20%
Low Forecast                    0.20%  0.20%  0.20%  0.20%  0.20%
Previous median                 0.20%  0.20%    n/a    n/a  0.30%
Change in median                0.00%  0.00%    n/a    n/a  0.05%
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ABN Amro:                       0.20%  0.20%    n/a    n/a  1.20%
Capital Economics:              0.20%  0.20%  0.20%  0.20%  0.20%
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                                   3Q     4Q     1Q     2Q     4Q
                                 2014   2014   2015   2015   2015
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Citibank:                       0.20%  0.20%  0.20%  0.20%  0.20%
Deutsche Bank:                  0.20%  0.20%  0.20%  0.20%    n/a
Nordea Markets: J. Nielsen        n/a  0.30%    n/a  0.40%  0.50%
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