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:

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:

News on current Interest Rate Derivatives initiatives:
ISDA’s interest rates working groups are currently discussing the following topics:

  • IMM Date definitions ISDA is looking at the evolving use of IMM date conventions in Interest Rate derivatives following the transition to RFRs and whether the IMM Date definitions in the 2021 ISDA Interest Rate Derivatives Definitions need to be updated accordingly (for more information, please contact and
  • 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 and
  • 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 and
  • EU/UK IRS post-trade transparency The ISDA Public Policy team is engaging with EU and UK regulators regarding appropriate product scope, size threshold/deferral calibrations, and instrument identifiers for a workable post-trade transparency regime for Interest Rate derivatives (for more information, please contact and

If you have any questions or would like additional information in relation to these matters, please email:

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