May 15, 2024, updated June 26, 2024

On May 15, ISDA published the attached market practice note regarding setting the start date/effective date for over-the-counter interest rate derivatives traded by reference to an international money market (IMM) date.

On June 26, ISDA republished the attached market practice note with the addition of a supplemental table of the financial centre(s) customarily used for determining the effective date for certain non-deliverable and cross-currency interest rate swaps in certain currencies, referencing certain Floating Rate Options based on feedback from the ISDA Interest Rates Steering Committee.