The Danish Financial Benchmark Facility is responsible for the calculation, distribution, and licensing of the following benchmarks:
- CIBOR®
CIBOR , a significant interest rate benchmark, defined as a rate of interest, at which a Panel Bank would lend DKK for a period of 1 week, 1, 3, 6 and 12-months’ maturity to a prime bank on an uncollateralized basis (i.e. unsecured interbank loan).
- CITA
CITA defined as a benchmark for risk-free interest rates for DKK over the relevant forward-looking tenors as implied by Overnight Index Swap contracts that reference DESTR.
- SWAP
SWAP being the interest rate swap mid-market quoted rate for the following maturities – 2, 3, 4, 5, 6, 7, 8, 9 and 10-years’ maturity, priced against 6-month CIBOR.
- Tom/Next – ceased to be published as of 1 January 2026
Tom/Next being the Denmark Short Term Rate (DESTR) plus a fixed spread of 19 basis points.