Interest Rates

Useful documentation, relevant matrices, best practice statements, FAQs, memorandums and other useful material pertaining to the interest rate derivative industry.

 Market Agreed Coupon (MAC) Contract

  • Press Release
  • Current Coupons
    Indicates, by currency and maturity, the coupons currently being traded in the market under the terms of the MAC contract.
  • Confirmation
    Form of confirmation for a Market Agreed Coupon (MAC) contract as an additional choice for market participants who wish to use over-the-counter (OTC) interest rate swaps (IRS) that have common, pre-agreed terms.

Other links:

DateTitle / DescriptionDocuments
October 31, 2008
Adjustment of Termination Date
Best Practice Statement
May 8, 2008
Interest Rates Novation Pair-Offs
Best Practice Statement
February 7, 2008
Cash Settlement Payment Dates for early termination options
ISDA Best Practice Statement (updated February 8, 2008)