Faaborg, Denmark, 2011-03-25 10:28 CET (GLOBE NEWSWIRE) -- Starting from 4 April 2011 NASDAQ OMX Copenhagen will take over the calculation of CIBOR (Copenhagen Interbank Offered Rate) from the Danish National Bank.
In accordance with international standards CIBOR, which is a reference interest rate, should not be calculated by a central bank (the Danish National Bank).
The takeover involves no change in the criteria for calculating or the circle of banks that provide the basis for calculating.
The publication of CIBOR interest rates is made on a new Reuter page “CIBOR=” and can also be found via NASDAQ OMX’ website www.nasdaqomxnordic.com or the Danish Bankers Association’s website www.finansraadet.dk.
For a transitional period the Reuter page “DKNA13” used so far will have a link to the new Reuter page “CIBOR=”.
Starting from 4 April 2011 we will use the CIBOR interest rates calculated by NASDAQ OMX Copenhagen when fixing the CIBOR related interest rates for loans, guarantees, bonds including ISIN code DK0030251508 and ISIN code 0030252762, capital certificates, financial instruments and similar products.
Mr Claus Sejling, CEO, phone no. +45 6361 1814
