Commissions for Bond Trading

Online trading

MarketStandard Active*
European government bonds 0.20%
(min. 80 EUR)**
0.05%
(min. 50 EUR)**
US government bonds 0.20%***
(min. 80 EUR)**
0.05%***
(min. 50 EUR)
European and US corporate bonds 0.20%
(min. 80 EUR)**
0.10%
(min. 50 EUR)**
Emerging Markets bonds 0.20%
(min. 80 EUR)**
0.10%
(min. 50 EUR)**

 

* See more under rates and conditions for bonds.

** The equivalent if traded in another currency.

*** For US government bonds there is an additional external execution fee of 0.0004% embedded in the price.

Offline trading

MarketStandard commissionActive commission*
US government bonds 0.2​0%
(min. 80 EUR)**
0.05%
(min. 50 EUR)**
European and US corporate bonds 0.20%
(min. 80 EUR)**
0.10%
(min. 50 EUR)**

* Where an active client is defined as making a minimum of 50 bond trades per month OR is an active trader in any other asset class OR is a premium client.

** or the equivalent if traded in another currency.

Updated 23 September, 201​6​

Product Risk

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

Disclaimer

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.