This section of the ISDA website is a hub for links to key information and ISDA’s work regarding Interest Rate Derivatives – including documentation, market structure, public policy, research, market practices, guidance notes and educational materials.
ISDA’s Interest Rate Derivatives working groups:
ISDA conducts work on Interest Rate Derivatives issues though a variety of working groups; however, there are three specific working groups focused on this asset class:
- ISDA Interest Rates Steering Committee
- ISDA Interest Rates Market Infrastructure Group
- ISDA APAC Interest Rates Market Infrastructure Group
To request to join an ISDA working group: (1) Create an account on the ISDA website; and (2) After you create an account, log in and go to the Committees section to view your ISDA Committee Dashboard. You can request to join and leave working groups and distribution lists.
Links to key Interest Rate Derivatives infrastructures/documentation:
- 2021 ISDA Interest Rate Derivatives Definitions InfoHub
- Benchmark Reform and Transition from LIBOR InfoHub
- Market Closure InfoHub
- Research including the ISDA-Clarus RFR Adoption Indicator, Transition to Risk-free Rates (RFRs) Review and ISDA SwapsInfo Quarterly Review
News on current Interest Rate Derivatives initiatives:
ISDA’s interest rates working groups are currently discussing the following topics:
- Interest Rate Derivatives – Product standardization/development – ISDA is discussing the prioritisation of Interest Rate derivative products for potential work on standardizing product terms/templates; products suggested to date include: Constant Maturity Swaps, Bond Forwards, Latin American NDS and Rate Lock transactions (for more information, please contact jmartin@isda.org and mhurd@isda.org).
- 2021 Definitions Adoption – ISDA is working with market participants to help finalise market transition to the 2021 ISDA Interest Rate Derivatives Definitions (for more information, please contact jmartin@isda.org and mhurd@isda.org).
If you have any questions or would like additional information in relation to these matters, please email: ISDADerivativeProductsandInfrastructure@isda.org.
Latest
2026 ISDA Canada Conference Opening Remarks
2026 ISDA Canada Conference Toronto, September 24, 2026 Opening Remarks Katherine Tew Darras ISDA General Counsel Good morning and welcome to the 2026 ISDA Canada Conference. Thank you for joining us today and thanks to our sponsor, Osler, Hoskin...
Transition to Mandatory Central Clearing
US Treasury securities sit at the heart of global financial markets and serve as one of the primary forms of high-quality collateral across derivatives and securities financing markets. The transition to mandatory central clearing of US Treasuries therefore has implications...
ISDA Publishes Updated ISDA SIMM Governance
ISDA has published an updated version of the ISDA SIMM® Governance Framework, which sets out the principles under which the ISDA Standard Initial Margin Model® operates and the process through which it will be reviewed and amended on a consistent...
ISDA Response to PRA IMA Consultation
On September 18, ISDA, the Association for Financial Markets in Europe, the Institute of International Finance and UK Finance submitted a joint response to the UK Prudential Regulation Authority consultation on adjustments to the internal model approach (IMA) for the...