April 13, 2023
ISDA has updated the attached guidance for parties to over-the-counter derivative transactions that are affected by the announcement made on November 14, 2022 by the ICE Benchmark Administration relating to the future cessation of all tenors of the USD LIBOR ICE Swap Rate and the announcement made on April 13, 2023 confirming that the USD SOFR Spread-Adjusted ICE Swap Rate will be available for use as a benchmark in financial contracts and instruments from June 30, 2023.
Share This Article:
Share ISDA USD LIBOR ICE Swap Rate Future Cessation Guidance – 2021 and 2006 ISDA Definitionson Facebook. May trigger a new window or tab to open. Share ISDA USD LIBOR ICE Swap Rate Future Cessation Guidance – 2021 and 2006 ISDA Definitionson Twitter. May trigger a new window or tab to open. Share ISDA USD LIBOR ICE Swap Rate Future Cessation Guidance – 2021 and 2006 ISDA Definitionson LinkedIn. May trigger a new window or tab to open. Share ISDA USD LIBOR ICE Swap Rate Future Cessation Guidance – 2021 and 2006 ISDA Definitionsvia email. May trigger a new window or your email client to open.