November 30, 2022

Publication of a new set of FpML Coding Schemes – Catalog Versions 2-11

The International Swaps and Derivatives Association, Inc. (ISDA) has published a new basic and enhanced coding-scheme catalog versions 2-11 on November 30, 2022. Below are the changes compared to the previous version 2-10 published November 18, 2022.
  • The following coding schemes have been updated:
    • clearingExceptionReasonScheme
      • Used to indication any exception from normal clearing mandates or the reason a trade is exempted from a clearing mandate per the CFTC.
      • Change: in this version, the name of the coding scheme was corrected (previously clearingExceptionAndExemptionsScheme) to match the name of the attribute where it is used (clearingExceptionReasonScheme).
      • Source: FpML
      • Version 1-1
      • Publication Date: 2022-11-30
    • benchmarkRateScheme
      • New rates added:
        • DESTR - “DESTR” means the Denmark Short Term Rate administered by Danmarks Nationalbank (or any successor administrator).
        • KOFR - “KOFR” means the Korea Overnight Financing Repo Rate administered by the Korea Securities Depository (or any successor administrator).
        • MIBOR - “MIBOR” means the overnight Mumbai Interbank Outright Rate adinistered by Financial Benchmarks India Pvt Limited (or any successor administrator).
        • RUONIA - “RUONIA” means the Russian Ruble Overnight Index Average rate administered by the Central Bank of the Russian Federation (or any successor administrator).
        • SHIR - “SHIR” means the Shekel overnight Interest Rate administered by the Bank of Israel (or any successor administrator).
        • THOR - “THOR” means the Thai Overnight Repurchase Rate administered by the Bank of Thailand (or any successor administrator).
        • TLREF - “TLREF” means the Turkish Lira Overnight Reference Rate administered by Borsa Istanbul (or any successor administrator).
        • WIRON - “WIRON” means the Warsaw Interest Rate Overnight administered by GPW Benchmark S.A. (or any successor administrator).
      • Source: ISDA
      • Version changed from 1-2 to 1-3
      • Publication Date: 2022-11-30