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Form of Adherence Letter July 23, Intel'national Swaps ISDA Isda

Form of Adherence Letter July 23, Intel'national Swaps ISDA Isda

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foreign [Music] US dollar Libor final steps we're joined today by the key Global ccps who will soon be transitioning their portfolio of US dollar Libor products to so for products as well as Bloomberg who publishes the fallbacks that may apply to your non-clear derivatives after US dollar Libor ceases to be representative I'm Ann battle from isda and I'm joined by my colleague John Martin from isda from CME we have Steve Deon and Dave Reef from your ex we have ADI datum and Kalina nachiva akar from lch we have Phil Whitehurst and finally we have Jonathan Seymour from Bloomberg before jumping into the fallbacks in the CCP transition plans I just wanted to give a brief background on the relevant floating rate options for both US dollar Libor and sofa in the isda definitions in order to set the stage for some of the terms and products that we're going to cover over the next hour so here we have two broad categories in these categories generally apply in bot

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