Pursuant to an Executive Order of the President of the United States, December 24 and December 26 have been designated as federal holidays for U.S. federal government purposes.
The designation of such dates as U.S. federal holidays is not expected to affect the calculation or publication of the benchmarks referenced in the USD Floating Rate Options incorporated in the Floating Rate Matrix to the 2021 ISDA Interest Rate Derivatives Definitions (“2021 Definitions”).
Both December 24, 2025 and December 26, 2025 are expected to be good New York City Business Days, U.S. Government Securities Business Days and New York Fed Business Days as defined in the 2021 Definitions.
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Joint Response to ETS Review
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Updated OTC Derivatives Compliance Calendar
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