Market data and market valuation
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      Updating IBOR Rates in Nordkap

      When are the IBOR rates updated in Nordkap?

      The following times are when IBOR rates and Interest Rate Swaps are updated in Nordkap:

      • Stibor (SEK): Around 11:15 AM the following day
      • Cibor (DKK): Around 11:30 AM on the following banking day
      • Euribor (EUR): Around 1:10 PM on the following banking day
      • Nibor (NOK): Around 1:10 PM on the following banking day

      Market rates are retrieved and updated on positions twice daily, once overnight, and at 1:30 PM (after receiving IBOR rates for all currencies).