Investor Presentation - FY 2023
Investor Presentation - FY 2023
Funding plan
Danske Bank
Changes in funding* 2023-2024 [DKK bn and bp)
Long-term funding excl. RD [DKK bn]***
Completed
Funding plan
Cov.bonds
Senior
Non-Preferred Senior
16bp
97bp
162bp
32bp
56bp
18bp
68bp
162bp
47
40
35
33
38bp
28
23
23
22
12
Redemptions 2024:
DKK 105 bn
Redeemed 2023:
DKK 74 bn
New 2023:
DKK 95 bn
Maturing funding* 2025-2027 [DKK bn and bp)
Cov.bonds
Senior
Non-Preferred Senior
100
79
75
61
95
80-100
ull
8bp
87bp
13bp
80bp
23bp
133bp
139bp
28
24
25
23
16
90bp
6
18
19
104bp
2025: DKK 82 bn
2026: DKK 65 bn
2027: DKK 41 bn
2019
2020
2021
2022
2023
2024E
*Spread over 3M EURIBOR.
*** Includes covered bonds, senior, non-preferred senior and capital instruments, excl. RD.
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