The 2021 ISDA Interest Rate Derivatives Definitions will replace the 2006 ISDA Definitions as the standard contractual reference for global interest rate derivatives trading. The new definitions reflect various changes in market practice, ensuring the derivatives community will be able to trade safely and efficiently for years to come.
ISDA’s short animation video explains why the new definitions are being introduced and outlines the key updates from the 2006 ISDA Definitions.
For more information on the 2021 ISDA Interest Rate Derivatives Definitions, including a fact sheet outlining the key changes and a video on the implementation, visit the ISDA website.
This video is also available on ISDA’s Facebook page.
If you can’t access the YouTube video above, please click here.
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