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
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.
10 Years of the ISDA SIMM
As the derivatives industry prepared for the September 2016 implementation of initial margin requirements for non-cleared derivatives, one challenge stood out: counterparties needed to agree on the amount of initial margin to be exchanged. But if each firm developed its...
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ISDA conducted a series of interviews with buy- and sell-side firms to understand the drivers of a growing use of non-cash assets as variation margin (VM) for non-cleared over-the-counter (OTC) derivatives and the barriers that remain to expanding the use...
ISDA Response on Hedge Accounting Guidance
On August 14, ISDA responded to an exposure draft from the Financial Accounting Standards Board (FASB). ISDA broadly supports the FASB’s proposed targeted improvements to hedge accounting, including allowing interest rate hedging of held-to-maturity (HTM) debt securities, recognizing all Secured...