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01 Mar 2023

Update on USD LIBOR Conversion - EurexOTC Clear Simulation

Eurex Clearing has terminated all transactions referencing USDLIBOR (termination date: 1 Mar 2023) and novated the replacing-RfR trades (cleared date: 1 Mar 2023). Hence, with this message, Eurex Clearing confirms that trade conversion is completed. Broadcast messages have been sent for both terminated and newly novated trades accordingly to clearing participants. MW Synchronisation is also complete.