ISDA Market Practice Note for the Rebasing of European Inflation Indices

(Revised and republished March 12, 2026)

ISDA Market Practice Note for Rebasing of the:

FRC – Excluding Tobacco-Non-Revised Consumer Price Index

EUR – Excluding Tobacco-Non-revised Consumer Price Index

ITL – Inflation for Blue Collar Workers and Employees-Excluding Tobacco Consumer Price Index

SEK – Non-revised Consumer Price Index

ESP – National-Non-revised Consumer Price Index

EUR – All Items – Non-revised Consumer Price Index

IRL – Excluding Tobacco – Harmonised-Non-revised Consumer Price Index

NLG – Non-revised Consumer Price Index

NOK – Non-revised Consumer Price Index

DKK – Non-revised Consumer Price Index

Documents (1) for ISDA Market Practice Note for the Rebasing of European Inflation Indices

Global Trading in INR Derivatives

Global trading in derivatives involving the Indian rupee (INR) has expanded significantly over the past decade, reflecting the currency’s growing role in international hedging and trading activity. According to the Bank for International Settlements (BIS) Triennial Central Bank Survey, the...

Response to FCA on Commodity Derivatives Clearing

On April 9, ISDA, the Commodity Markets Council Europe (CMCE), Energy Traders Europe (ETE) and FIA jointly responded to Chapter 7 of the UK Financial Conduct Authority’s (FCA) Quarterly Consultation CP26/8 on increasing the clearing threshold for commodity derivatives under the UK...

Response on EC’s SFR Proposal

On April 9, ISDA published technical comments on the European Commission’s (EC) proposed Settlement Finality Regulation (SFR) as it applies to designated EU systems and registered third-country systems. One significant concern is that the scope of insolvency protections provided to...