Additional Provisions for Use with a Deliverable Currency Disruption and ISDA Deliverable Currency Disruption Fallback Matrix

The Additional Provisions for use with a Deliverable Currency Disruption (“Additional Provisions”) and ISDA Deliverable Currency Disruption Fallback Matrix (“Fallback Matrix”) provide for standard documentation for deliverable interest rate swaps where a Deliverable Currency Disruption Event (as defined in the Additional Provisions) renders the Reference Currency (as defined in the Additional Provisions) non-deliverable. Please note, the Fallback Matrix may be amended from time to time to include new Reference Currencies or Currency Pairs (each as defined in the Additional Provisions).

The Additional Provisions are available to users wishing to incorporate them into relevant interest rate swaps under the 2006 ISDA Definitions and the 2021 ISDA Definitions.

For your convenience, we have attached an illustrative example of Exhibit II-A to the 2006 ISDA Definitions (Additional Provisions for a Confirmation of a Swap Transaction that is a Rate Swap Transaction or Cross-Currency Rate Swap Transaction) marked to show how market participants wishing to adopt the Additional Provisions and Fallback Matrix may do so.

Free downloads for Additional Provisions for Use with a Deliverable Currency Disruption and ISDA Deliverable Currency Disruption Fallback Matrix (5)