Transition to HTTPS July 19 – Be advised that the FpML website has transitioned to secure HTTP on July 19. URLs are now forwarded to HTTPS automatically. Please make sure you update any internal implementation relying on HTTP URLs accordingly. For further information please email firstname.lastname@example.org
April 5, 2018
ISDA has published the pre-publication draft for the GBP-SONIA-COMPOUND floating rate index
The International Swaps and Derivatives Association, Inc. (ISDA) has published the pre-publication draft for the GBP-SONIA-COMPOUND floating rate index. The prepublication draft and accompanying FAQ are available on the ISDA website LINK
The final code will be published on April 23.
If there are no changes to the ISDA pre-publication draft, we will update the FpML floating rate scheme “floating-rate-index“ on April 23 with the following:
<Row> <Value> <SimpleValue>GBP-SONIA-COMPOUND</SimpleValue> </Value> <Value> <SimpleValue>ISDA</SimpleValue> </Value> <Value> <SimpleValue>Per 2006 ISDA Definitions or Annex to the 2000 ISDA Definitions, Section 7.1 Rate Options, as amended and supplemented through the date on which parties enter into the relevant transaction.</SimpleValue> </Value> <Value> <SimpleValue>OIS</SimpleValue> </Value></Row>
In addition, we will deprecate on April 23 the “GBP-WMBA-SONIA-COMPOUND” code.
The FpML Team