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LCH SwapAgent Processes First CIBOR/SOFR Cross Currency Basis Swap Between Nordic Banks

<ul>
<li>Nordea Bank Abp and Danske Bank A/S acted as counterparties to the swap</li>
<li>Underlines LCH SwapAgent’s commitment to supporting industry transition to risk free rates</li>
<li>LCH SwapAgent offers standardisation, risk reduction and efficiency in the bilateral derivatives market</li>
</ul>
Nathan Ondyak Morten Rasmussen Simon Payne Nordea Bank Abp Danske Bank Global Head

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