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22 Apr 2023

Update on USD LIBOR Conversion - EurexOTC Clear Production

Eurex Clearing has terminated all transactions referencing USD LIBOR (termination date: 24 Apr 23) and novated the replacing-RfR trades (cleared date: 24 Apr 23). 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.