The 2021 ISDA Interest Rate Derivatives Definitions will replace the 2006 ISDA Definitions as the standard contractual reference for global interest rate derivatives trading. The new definitions reflect various changes in market practice, ensuring the derivatives community will be able to trade safely and efficiently for years to come.
ISDA’s short animation video explains why the new definitions are being introduced and outlines the key updates from the 2006 ISDA Definitions.
For more information on the 2021 ISDA Interest Rate Derivatives Definitions, including a fact sheet outlining the key changes and a video on the implementation, visit the ISDA website.
This video is also available on ISDA’s Facebook page.
If you can’t access the YouTube video above, please click here.
Latest
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
A Positive Step to Improve the FRTB in the EU
As the Basel III capital reforms are finalized for implementation in key jurisdictions, ISDA is maintaining a laser focus on making sure the rules are robust and risk-appropriate. Simply put, if capital requirements are set disproportionately high, this will have...
Trading Book Capital: Scott O'Malia Remarks
Trading Book Capital: Policy Challenges for the EU 2024-2029 Mandate March 25, 2025 Welcoming Remarks Scott O’Malia ISDA Chief Executive Officer Good morning and welcome to ISDA’s trading book capital event. It’s great to be here in Brussels and...
Setting Out the Value Proposition of Derivatives
History enthusiasts may have heard of the Code of Hammurabi, an early legal text from ancient Mesopotamia, carved into a stone slab about 3,700 years ago. The code covers everything from property rights to divorce, but it also recognizes the...