ISDA Guidance – Delayed CPI-U Due to Government Shutdown

On November 7, 2025, ISDA published guidance addressing the potential delay in the release of the U.S. Consumer Price Index for All Urban Consumers (CPI-U) resulting from the current U.S. government shutdown. The guidance provides clarification on how such delays may affect the calculation and settlement of inflation-linked derivatives referencing the CPI-U.

The document outlines ISDA’s recommended approach to determining fallback procedures and valuation timelines during periods when official CPI-U data is unavailable. This publication is intended to assist market participants in maintaining consistency and minimizing disruption to contractual performance.

Documents (1) for ISDA Guidance – Delayed CPI-U Due to Government Shutdown

IRD Trading Activity FY 2025 and Q4 2025

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 2025 include: European...

A Financial Markets Revolution

Every financial center has its own unique features, but it was particularly fitting that ISDA’s recent Annual General Meeting (AGM) was held in Boston – not only a global hub for asset management and insurance, but also a city that...