Update regarding the Danish Reference Rates
The Danish Financial Benchmark Facility and Finance Denmark are in the process of managing the transition of Administration responsibility for CIBOR®, CITA, SWAP and Tomorrow/Next.
DFBF has on 1st October 2019 taken on the calculation and distribution of the benchmarks. The DFBF application to Finanstilsynet (Danish FSA) to be authorized to operate as Administrator under Benchmark regulation (BMR), has been filed. It is anticipated that the DFBF will receive authorization before the end of this year.