ISDAFIX

ISDAFIX is a benchmark reference rate for annual swap rates in CHF, EUR, GBP, JPY, USD and (historically up to April 2013) HKD.

Its uses include calculating:

1. Cash settlement amounts on the early termination of swaps.

2. Exercise values for cash-settled swap options.

3. Mark to market valuations for swaps and other derivatives.

ISDAFIX is calculated and published daily.

Maturities differ slightly by currency, for example in USD they are: 1-10 years inclusive, 15, 20, and 30 years.

Sometimes written ISDA FIX, ISDAFix or ISDAfix.