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>