TELBOR Cessation Guidance

ISDA has published guidance for parties to over-the-counter derivatives that are affected by the announcement made on April 16, 2024 by the TELBOR Committee relating to the future cessation of all TELBOR tenors.

The TELBOR Committee announced that the publication of all tenors of TELBOR will permanently cease immediately following a final publication on June 30, 2025.

Click on the attached PDF to read the guidance in full.

Appropriate Capital Rules Critical for Markets

“Setting capital requirements for globally active banks is a fine balanc­ing act. As regulators learned during the global financial crisis, insuffi­cient capital creates vulnerabilities in the banking sector that can have damaging consequences in times of stress. However, if banks...

IRD Trading Activity Full Year 2024 and Q4 2024

This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs). Key highlights for the full year 2024, include: European...