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 Nov. 14 to Nov. 19. All figures are as of the end of the quarter.

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                                   4Q     1Q     2Q     3Q     4Q     1Q     2Q
                                 2014   2015   2015   2015   2015   2016   2016
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# of replies                        5      5      5      5      4      4      3
Median                          0.20%  0.20%  0.20%  0.20%  0.20%  0.20%  0.20%
Average                         0.18%  0.18%  0.18%  0.18%  0.18%  0.18%  0.17%
High Forecast                   0.20%  0.20%  0.20%  0.20%  0.20%  0.20%  0.20%
Low Forecast                    0.10%  0.10%  0.10%  0.10%  0.10%  0.10%  0.10%
Previous median                 0.20%  0.20%  0.20%    n/a  0.35%    n/a    n/a
Change in median                0.00%  0.00%  0.00%    n/a -0.15%    n/a    n/a
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Capital Economics: J. Hinds     0.20%  0.20%  0.20%  0.20%  0.20%  0.20%  0.20%
Citibank:                       0.20%  0.20%  0.20%  0.20%  0.20%  0.20%    n/a
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                                   4Q     1Q     2Q     3Q     4Q     1Q     2Q
                                 2014   2015   2015   2015   2015   2016   2016
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Deutsche Bank:                  0.20%  0.20%  0.20%  0.20%    n/a    n/a    n/a
Jyske Bank: N. Rønholt          0.20%  0.20%  0.20%  0.20%  0.20%  0.20%  0.20%
Nordea Markets: J. Nielsen      0.10%  0.10%  0.10%  0.10%  0.10%  0.10%  0.10%
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