SONIA reform FAQs and publication of GBP-SONIA-Compound

Click here to view the SONIA reform frequently asked questions (FAQ) document, or download the attached PDF.

These FAQs, which may be updated from time to time, comprise information on the SONIA benchmark reforms and the derivatives industry’s implementation of the relevant changes.

Click here to view Supplement 55 to the 2006 ISDA Definitions or download the attached PDF.

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...