Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red.
Bonds are categorised as either green, yellow or red products depending on the individual instrument. For more information about the categorisation of the individual instrument and the level of risk involved, please see the 'Product Risk Categorisation' located under our General Business Terms.
General Business Terms
For most bonds, in particular corporate bonds, bid and offer prices are not publically available and transparent, as the majority of trading takes place outside regulated marketplaces. Bonds are traded OTC with Saxo Bank as counterpart, and OTC trading conditions apply. Please see Saxo Bank's execution policy for further information.