Revised Sub-Annex A to the 2005 ISDA Commodity Definitions

On August 7, 2023, ISDA published a revised version 3.0 of Sub-Annex A to the 2005 ISDA Commodity Definitions (Sub-Annex A).

Sub-Annex A contains a list of commodity reference prices (CRPs) and related terms that parties can reference in over-the-counter derivatives contracts. The CRPs contained in Sub-Annex A cover the following asset classes:

  • Agricultural products;
  • Energy;
  • Freight;
  • Metals;
  • Paper;
  • Composite commodity indices.

Version 1.0 of Sub-Annex A reflects the original version of Sub-Annex A, as published with the 2005 ISDA Commodity Definitions on June 30, 2005.

Version 2.0 of Sub-Annex A reflects the original version of Sub-Annex A as if it were amended and restated to incorporate the terms of the supplement to Sub-Annex A published on May 12, 2006. Parties are encouraged to take note of the acknowledgement pop-up when navigating to version 2.0 of Sub-Annex A, which is provided for information purposes.

Version 3.0 of Sub-Annex A was published on August 7, 2023, with updates to the agricultural products section only.

The versions of Sub-Annex A described above have been published in digital format on ISDA’s MyLibrary platform.

SwapsInfo Full Year 2024 and Q4 2024

Interest rate derivatives (IRD) trading activity increased in 2024, driven by interest rate volatility, adjustments in central bank policies and shifting market expectations on inflation and economic growth. Index credit derivatives also saw increased activity, as measured by traded notional,...