Bloomberg News

Copenhagen Interbank Rate Is Too High, Jyllands-Posten Says

July 07, 2012

The Copenhagen interbank offered rate is quoted about 0.6 percentage point too high, newspaper Jyllands-Posten reported, citing an analysis conducted by Skandinaviska Enskilda Banken AB. (SEBA)

The Danish government is currently investigating whether the Cibor, a measure of at what rate banks say they are willing to lend, is being manipulated.

To contact the reporter on this story: Christian Wienberg in Copenhagen at cwienberg@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net


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