Danske to Tap $2.7 Billion From Central Bank Lifeline

Denmark’s central bank provided lenders with 18.9 billion kroner ($3.39 billion) in three-year loans, less than a sixth the amount analysts contacted by Bloomberg estimated would be drawn.

There were “no success criteria” for the facility, Governor Nils Bernstein said in a statement. “The lending window will be open again on identical conditions in September and the utilization of the facility should be viewed as a whole.”