Market Agreed Coupon (MAC) Contract
- Press Release – SIFMA AMG and ISDA Announce that CUSIPs Are Now Available for MAC Contracts (December 12, 2013)
- Press Release – ISDA Publishes Market Agreed Coupon Confirmation for Interest Rate Swaps (April 24, 2013)
- Current Coupons
Indicates, by currency and maturity, the coupons currently being traded in the market under the terms of the MAC contract. - Confirmation
Form of confirmation for a Market Agreed Coupon (MAC) contract as an additional choice for market participants who wish to use over-the-counter (OTC) interest rate swaps (IRS) that have common, pre-agreed terms.
Interest Rate and Currency Derivative Matrices
- Settlement Matrix for Early Termination for Cross-Currency Swaps
Matrix setting out the standard settlement currency for early termination for cross-currency swaps. Effective December 1, 2014. - 2006 ISDA Definitions Settlement Matrix for Early Termination and Swaptions
Effective December 17, 2012 - 2006 ISDA Definitions MTM Matrix for Mark-to-market Currency Swaps
A matrix setting out standard terms for use when marking to market MTM swaps. Effective September 8, 2017.
Interest Rates links
- ISDA Library Rates and Currency page
Definitions and matrices - ISDAFIX
- ISDA Benchmark Committee
Interest Rates Derivatives Best Practices
- ISDA Market Practice guidance for Rescaling of SPIPC and NOCPI Inflation Indicies
March 8, 2017 - ISDA Market Practice Guidance for Rescaling of Inflation Indices
March 4, 2016 - Market Practice Statement for EUR LIBOR Rates and EURIBOR Rates For Over The Counter Derivative Transactions
August 22, 2013 - Market Practice Guidance for German CPI Rescaling
July 15, 2013 - Recommended EMTA-ISDA Market Practice for Non-Deliverable CLP “Cámara” (CLP TNA) Interest Rate Swap Transactions
July 21, 2009 - Recommended EMTA-ISDA Market Practice for BRL CDI Non-Deliverable Interest Rate Swap Transactions
March 13, 2009 - Recommended EMTA-ISDA Market Practice for Relevant Cities for Business Days for Payment Dates
March 13, 2009 - Cash Settlement Payment Dates for early termination options
August 21, 2007 (updated February 8, 2008; second update March 2009)
Latest
ISDA Comments: OSC Call for Feedback
On June 26, 2026, ISDA submitted comments to the Ontario Securities Commission’s (OSC) consultation on facilitating access to its regulatory framework and reducing burden for capital markets participants by publishing a machine-readable dataset of regulatory instruments. The comments are supportive...
ISDA Comments on EP's MISP Draft Reports
On July 15, ISDA shared comments with policymakers in the European Union on the European Parliament’s (EP) draft reports by Member of the European Parliament (MEP) Markus Ferber and MEP Eero Heinäluoma on the Market Integration and Supervision Package (MISP)....
Building Markets, Creating Opportunity
Deep and liquid derivatives markets are fundamental to the development of well-functioning financial markets and healthy economies. They support lending, investment and financial stability, creating the certainty needed for economic growth. But strong derivatives markets do not emerge by chance....
Key Trends in OTC Derivatives Market H2 2025
The latest data from the Bank for International Settlements over-the-counter (OTC) derivatives statistics shows an increase in notional outstanding of OTC derivatives during the second half of 2025 compared to the same period in 2024. Notional outstanding rose across all...