Danmarks Nationalbank announced in November 2020 that a new working group on short term reference rate in Danish kroner with participation from the financial sector would be established to steer the transition from the Tom/Next-rate to DESTR.
The working group shall recommend the preferred future short-term reference rate in Danish kroner and prepare a plan for the transition from Tom/Next-rate to DESTR, cf. Terms of Reference.
The participants represent a broad range of players in the Danish market. In addition Danmarks Nationalbank and the Danish FSA will participate as observers.
Meeting agenda, minutes, and publications from the working group will be made publicly available.