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Supported swaps and limitations

Which interest rate swaps can be valued?

Nordkap supports valuation and pricing of the following interest rate swaps:

SEK swaps up to 10 years

DKK swaps up to 10 years

NOK swaps up to 15 years

Swaps in the currencies SEK, NOK, DKK, EUR, and GBP

Nordkap has the following limitations in the valuation and pricing of interest rate swaps

  • Swaps with an interest rate binding period shorter than 3 months in the floating leg are not supported (regardless of currency)
  • Swaps in the currencies NOK, EUR, GBP, and DKK with a 3-month interest rate binding period in the floating leg are valued and priced based on basis swap rates updated weekly

These limitations depend on the type of market data available to us.