Spar Nord has notified Finance Denmark that they wish to withdraw from the Danish IBOR benchmark (CIBOR® and CITA) panels. Spar Nord’s last date for contributing submissions will be September 30th, 2019.
Spar Nord’s decision does not disrupt the previously communicated transition of Finance Denmark’s IBOR benchmarks to The Danish Financial Benchmark Facility or their authorization to, and ongoing compliance with, EU Benchmark Regulation.