Copenhagen Interbank Rate Is Too High, Jyllands-Posten Says
By Christian Wienberg -
2012-07-07T08:28:48Z
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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