ISR

Reference rates.

ISR is an abbreviation for ICE Swap Rate, a global benchmark for swap rates and spreads for interest rate swaps.

It represents the mid-price for interest rate swaps (the fixed leg), at particular times of the day, in three major currencies (EUR, GBP and USD).

See also

• Benchmark
• Close out
• Exercise price
• Fixed leg
• Floating rate note = floating rate bond
• ICE
• ICE Swap Rate
• Interest rate swap
• Mid market price
• Portfolio
• Reference rate
• Spread
• Swap rate
• Swaption
• Tenor