How does this work?

Hello.

And it worked the way that you come to our bank and get a loan.

And then we are going to issue a months on the market because in Denmark markets is this Mets funding s o.

We issue the buns.

And right now, the interest rate at the month's market in Denmark is negative.

Where when you come to the 10 year right, so we have one toe, one link between the interest rate on the homeowner side and on the investment side for blanket's the same even if the radius minus one plus one. 00:00:56.050 --> 00:01:1.530 Because the market in on the bond is exactly here the same. 00:01:1.540 --> 00:01:3.750 It's depends on loan to value. 00:01:5.440 --> 00:01:13.550 So just to make sure that the headlines are right, if I take out a mortgage, am I being paid to take that mortgage out?

Is that the correct way of interpreting this?

You can say that for some people they get paying toe having markets.

If they have a very low risk, a lower loan to value on the property, it's possible to get money to to to to to loan.

So so it's it's possible.

But many people are going to have a higher loan to value, so they still are paying.

But they there are people who are getting a little money, too.

Michael, What is demand like for these mortgages?

What is it?

It's sorry I didn't get it.

Demands.

What's it like? 00:01:59.970 --> 00:02:2.850 What's like demands is their demand? 00:02:4.330 --> 00:02:4.610 No. 00:02:4.610 --> 00:02:5.340 Yes, sorry. 00:02:5.440 --> 00:02:8.050 There's a very good demand on these pants. 00:02:8.290 --> 00:02:22.750 It's because the Danish markets is It's almost like a safe heaven and people are right now we're looking at the economy in Europe and they're looking into economy was going to a recession.

We know that the Danish markets has a history of 200 years and the very invested got their money back for all these years.

So Danish market is very, very secure paper.