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If you trade interest rate derivatives, it is virtually certain that your trade confirmations incorporate the 2006 ISDA Definitions. As market practice and regulation have developed over the past 15 years, the 2006 Definitions have been supplemented more than 70 times. ISDA has now published the 2021 ISDA Interest Rate Derivatives Definitions, which will replace the 2006 Definitions and consolidate the various supplements along with other changes to the 2006 Definitions. These changes reflect industry input and are designed to reflect more accurately current interest rate derivatives markets.
If you trade interest rate derivatives, it is virtually certain that your trade confirmations incorporate the 2006 ISDA Definitions (the ....

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