Stock exchange announcements are raining down at Nasdaq Copenhagen. The market unrest makes it difficult to calculate value, which has led to a number of temporary trading suspensions.
In the case of larger value swings and market unrest it is not unusual that trading of shares is temporarily suspended. Individual associations are also highlighting a lack of prices on parts of the bond market.
This includes the market for index bonds, where Danske Invest has announced higher fees for fees for emssions and redemptions. It has therefore become more expensive for investors to buy and sell funds.
Index bonds are regulated in line with inflation and are one of the few places where bond investors can seek shelter from the rising prices in the society, which in contrast to other bonds, decrease value.
"Because of the uncertainty caused by the coronavirus, we have observed unusual market conditions within a number of departments at investment association Danske Invest," the association reports in a stock exchange notification.
"It is necessary to raise the issue fees and redemption deductions as departments with global index bonds are very affected by the significant drop in the oil price. We are observing a large spread between the purchasing and sales prices," the notification reads.
At a number of index bond departments, purchasing and selling prices have been raised by 0.4 percentage points.
This post originally appeared on AM Watch.
