--- title: Bpifrance Switches Swap Book To Eurex Clearing description: The volume of long-dated interest rate swaps cleared at Eurex reached a record last month. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/afme-warns-brexit-May-12-2022-09-12-49-98-AM.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/bpifrance-switches-swap-book-to-eurex-clearing#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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The transaction was made possible thanks to BNP Paribas who acted as counterparty and clearing broker for Bpifrance. The portfolio was thus transferred smoothly and without any disruption or market impact. https://twitter.com/EurexGroup/status/1339174678464786435 Erik Müller, Chief Executive Officer of Eurex Clearing: “We are pleased that Bpifrance, a major European partially state-owned bank, chose to switch their swap book to Eurex Clearing. Our service provides clients with a liquid EU alternative to clear their interest rate swaps. The volume of long-dated interest rate swaps cleared at Eurex rose to a new record of EUR 56.5 billion (average daily volume) in November, a roughly 4-fold increase over the first half of 2020.” Source: Eurex [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/bpifrance-switches-swap-book-to-eurex-clearing) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/bpifrance-switches-swap-book-to-eurex-clearing) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/bpifrance-switches-swap-book-to-eurex-clearing) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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