{"id":52737,"date":"2016-05-23T09:47:54","date_gmt":"2016-05-23T13:47:54","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=52737"},"modified":"2016-05-23T09:47:54","modified_gmt":"2016-05-23T13:47:54","slug":"denmarks-biggest-ipo-in-decades-seen-feeding-currency-hedge-bet","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2016\/denmarks-biggest-ipo-in-decades-seen-feeding-currency-hedge-bet.html","title":{"rendered":"Denmark\u2019s Biggest IPO in Decades Seen Feeding Currency Hedge Bet"},"content":{"rendered":"<p>\n(Bloomberg) What looks set to become Denmark\u2019s biggest initial public offering in more than a decade may add to pressure on the krone at a time when the exchange rate is already testing levels last seen during a 2015 speculative attack.<\/p>\n<p>With 15 percent of Dong Energy A\/S slated to be sold to the public next month, the potential demand from offshore investors could have a palpable effect on Denmark\u2019s exchange rate, according to Danske Bank A\/S, which is already advising pension fund clients to hedge for krone strength in the forward market. And with the threat of market disruptions rife ahead of Britain\u2019s June 23 vote on European Union membership, there\u2019s likely to be plenty of demand for assets sold from safe-haven economies, Danske predicts.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-05-22\/ipo-said-to-value-dong-at-15-billion-feeds-currency-hedge-bets\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) What looks set to become Denmark\u2019s biggest initial public offering in more than a decade may add to pressure on the krone at a time when the exchange rate is already testing levels last seen during a 2015 speculative [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52737","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=52737"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52737\/revisions"}],"predecessor-version":[{"id":52738,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52737\/revisions\/52738"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=52737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=52737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=52737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}