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: marketinfrastructureandtechnology@isda.org.
Latest
Response to Eurosystem Consultation on Appia
On April 22, ISDA responded to the Eurosystem consultation on the Appia roadmap. ISDA broadly supports the roadmap and its high level principles, while recommending that the principle on market access and integration should be expanded to explicitly address interoperability...
ISDA Responds to ESMA on PTRR Clearing Exemption
On April 20, ISDA submitted a response to the European Securities and Markets Authority (ESMA) consultation paper on a draft regulatory technical standard (RTS) for the post-trade risk reduction (PTRR) exemption from the derivatives clearing obligation under Article 4b of the...
Response on Competitiveness of EU Banking Sector
On April 17, ISDA responded to the European Commission’s (EC) targeted consultation on the competitiveness of the EU banking sector. The EU is aiming to bolster the ability of its financial markets and banking sector to grow, remain competitive and...
India Forum Scott O'Malia Opening Remarks
India Derivatives Markets Forum April 16, 2026 Opening Remarks Scott O’Malia, ISDA Chief Executive Good morning and welcome. This is the third year we’ve run the India Derivatives Markets Forum, and the number of people attending has grown each...
