July 23, 2026
On June 29, 2026, ISDA published a new version of Sub-Annex A to the 2005 ISDA Commodity Definitions (Sub-Annex A).
Sub-Annex A contains a list of Commodity Reference Prices (CRPs) and related terms that parties can reference in over-the-counter derivatives contracts. The CRPs contained in Sub-Annex A cover the following asset classes:
- Agricultural Products;
- Energy;
- Freight;
- Metals;
- Paper;
- Composite Commodity Indices.
Version 1 of Sub-Annex A reflects the original version of Sub-Annex A, as published with the 2005 ISDA Commodity Definitions on June 30, 2005.
Version 2 of Sub-Annex A reflects the original version of Sub-Annex A as if it were amended and restated to incorporate the terms of the supplement to Sub-Annex A published on May 12, 2006. Parties are encouraged to take note of the acknowledgement pop-up when navigating to version 2 of Sub-Annex A, which is provided for information purposes.
Version 3 of Sub-Annex A was published on August 7, 2023, with updates to CRPs in the Agricultural Products section.
Version 4 of Sub-Annex A was published on April 28, 2025, with updates to certain Natural Gas CRPs in the Energy section.
Version 5 of Sub-Annex A was published on November 9, 2025, with updates to certain Natural Gas and Liquified Natural Gas CRPs in the Energy section.
Version 6 of Sub-Annex A was published on March 30, 2026, with updates to certain Natural Gas and Natural Gas Liquid CRPs in the Energy section.
Version 7 of Sub-Annex A was published on June 29, 2026, with updates to certain Agricultural Products as well as Natural Gas and Electricity CRPs in the Energy section.
The versions of Sub-Annex A described above have been published in digital format on ISDA’s MyLibrary platform.
Latest
Efficiency is Vital to Delivering Resilience
With less than three months to go until implementation of US Treasury clearing begins at the end of this year, it’s critical that the mandate is safely implemented without compromising market efficiency. This represents a huge change in market structure,...
ISDA In Review – September 2026
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in September 2026.
ISDA Digital Assets Forum Opening Remarks
ISDA Digital Assets Forum Washington, DC October 6, 2026 Opening Remarks Scott O’Malia, CEO, ISDA Good morning, and a very warm welcome to the ISDA Digital Assets Forum. Thanks for joining us today, and a special thank you to...
Assessing Tokenized MMFs as Eligible Collateral
Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...
