The 2021 ISDA Interest Rate Derivatives Definitions will replace the 2006 ISDA Definitions as the standard contractual reference for global interest rate derivatives trading. The new definitions reflect various changes in market practice, ensuring the derivatives community will be able to trade safely and efficiently for years to come.
ISDA’s short animation video explains why the new definitions are being introduced and outlines the key updates from the 2006 ISDA Definitions.
For more information on the 2021 ISDA Interest Rate Derivatives Definitions, including a fact sheet outlining the key changes and a video on the implementation, visit the ISDA website.
This video is also available on ISDA’s Facebook page.
If you can’t access the YouTube video above, please click here.
Latest
Market Transformation – IQ May 2026
On the 250th anniversary of American independence, this year’s ISDA Annual General Meeting (AGM) was held in Boston, a city that played a prominent role in the American Revolution. In his opening remarks, ISDA chief executive Scott O’Malia drew a...
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.
Letter to EC and ESMA on Derivatives Framework
On May 27, ISDA sent a letter to the European Commission (EC) and the European Securities and Markets Authority (ESMA) to highlight several technical issues arising from the interaction between the delegated regulation (EU) 2025/1003 on identifying reference data to...
Response on Proposed Changes to Transaction Rules
On May 22, ISDA and the Global Foreign Exchange Division (GFXD) of the Global Financial Markets Association submitted a joint response to the Australian Securities and Investments Commission's (ASIC) consultation on proposed changes to the ASIC Derivative Transaction Rules (Reporting)...