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CIBOR Fixing

NASDAQ OMX collects, calculates and publishes the reference rate CIBOR. CIBOR is published approximately at 11:00. After the publication the individual quotes can be found on the Danish Bankers association website

 
CIBOR Fixing

Following Banks are participating in the CIBOR fixing: Barclays Capital, Danske Bank, Deutsche Bank, Jyske Bank, Nordea Bank, Nykredit Bank, Sydbank and Spar Nord Bank .

CIBOR is the interest rate at which a bank is prepared to lend Danish kroner to a prime bank on an uncollateralized basis for the following maturities: 1week, 2 weeks, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 or 12 months. CIBOR quoting banks follows (value date; t 2, Day Convention; Act/360, banking days; Copenhagen, Modified Following) and quotes CIBOR on all Danish banking days.

Danish Bankers association guide to rules governing CIBOR rate fixing, can be found here.

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