Deutsche Bank selected as primary dealer in Norwegian government bonds
Deutsche Bank today confirmed that it has been appointed as a primary dealer in Norwegian government bonds.
Deutsche Bank becomes the first new primary dealer in Norway in 15 years and the first new non-Scandinavian bank to hold the role in 30 years. The appointment reflects the Bank’s commitment to supporting liquidity and access in the Norwegian government bond market for investors in Norway and globally.
As a primary dealer, Deutsche Bank will support the distribution and secondary market trading of Norwegian government bonds, broadening access for a range of institutional investors and facilitating efficient liquidity provision.
The Bank’s rates and fixed income teams have an established presence across Scandinavia, complemented by Deutsche Bank’s global network and distribution capabilities. Deutsche Bank recently hired Søren Serup Jensen as a senior Scandi Cash trader in the region.
“This appointment reflects our long-term commitment to the Norwegian market and our clients. As a primary dealer, we will provide consistent market-making and deeper liquidity in Norwegian government bonds, supporting more efficient execution. For our clients, this means stronger access across both primary and secondary markets, backed by our local Scandinavian expertise and global distribution network,” said Kemal Askar, Head of Global Rates at Deutsche Bank.
The primary dealer role will commence on Monday, 18 May.
