During the second half of 2021, DFBF conducted two public hearings concerning the benchmarks CIBOR and Tom/Next. As a consequence of the hearings, it was concluded that the following changes will take place:
CIBOR – From 1 April 2022 the DFBF will cease the provision of three CIBOR tenors, specifically the 2 weeks, 2 months, and 9 months tenors. For more information on the cessation of these CIBOR tenors please visit this page.
Tom/Next – The calculation methodology will be changed as of 1 April 2022. The DFBF will adjust the methodology of Tom/Next to be DESTR plus a fixed spread, determined to three decimal places.
The DFBF will continue to publish Tom/Next every good business day until 1 January 2026 on which date the benchmark will cease to exist. For more information on the Tom/Next changes and future cessation please visit this page.