Chapter 901
Interest Rate Swaps Contract Terms
90101. SCOPE OF CHAPTER
The terms and conditions of each IRS Contract shall be defined by this Chapter, as supplemented by
the ISDA Definitions (and where a Reference Currency is specified, the FX Definitions) and the relevantContract Elections, and as further supplemented and amended by provisions of these Rules.
Capitalized terms in this Chapter that are not otherwise defined in either this Chapter or the otherChapters of the Rules shall have the meanings set forth in the ISDA Definitions (and where a Reference
Currency is specified, the FX Definitions (and in the event of any inconsistency between the FX
Definitions and the ISDA Definitions, the ISDA Definitions will govern other than for the purposes of thesettlement provisions)).

90102. CONTRACT TERMS
90102.A.
Calculation AgentWith respect to an IRS Contract, the Clearing House shall be the sole Calculation Agent for all
purposes. The Calculation Agent shall not be required to consult with the parties to an IRS Contractprior to making any determination.
90102.B.
Settlement Currency
Each IRS Contract shall specify a currency of settlement. Unless a Reference Currency is specified, allcalculations and determinations shall be made with reference to the specified currency, and all
payments shall be due in such currency.
90102B.1.
Non-Deliverable Swap Settlement Currency
With respect to a Non-Deliverable Interest Rate Swap Transaction (“NDIRSs”), where a Reference
Currency is specified, all calculations and determinations shall be made by reference to the Reference
Currency but settlement shall be due in the Settlement Currency.
90102.C.
Initial Payments
If an Initial Exchange Amount payer and an Initial Exchange Amount are specified in the Confirmation of
an IRS Contract, the Initial Exchange Amount payer shall pay to the Clearing House an amount equal tosuch Initial Exchange Amount on the Business Day immediately following the relevant Clearing
Effective Date; provided that if the Initial Exchange Amount is equal to or greater than $100,000,000 (orits equivalent) for such IRS Product or group of IRS Products submitted at the same time for clearing,then such Initial Exchange Amount shall be due at or prior to the Acceptance Time.
90102.D.
Reset Date
With respect to an IRS Contract, the Reset Date shall be the first day of each Calculation Period.
90102.E.
Rate Options
90102.E.1.
Interest Rate Swaps Rate Options
With respect to an IRS Contract, the Floating Rate Option elected by the IRS Clearing Participant inaccordance with Rule 90002.F from the following Floating Rate Options names specified in the 2006
ISDA Definitions or Floating Rate Options names specified in the ISDA Definitions Floating Rate Matrix,
or combination of rate options:2006 ISDA Definitions Floating Rate Option (“FRO”) 2021 ISDA Definitions FRO Name
Name
1.
USD-LIBOR-BBA
USD-LIBOR****As set out in CME Clearing Advisory Notice 23-096, effective July 3, 2023, CME will cease to accept forclearing IRS Contracts referencing USD-LIBOR-BBA or USD-LIBOR except where the start date of such swap
is on or after July 3, 2023.
2.
USD-Federal Funds-H.15-OIS-COMPOUND
USD-Federal Funds-OIS Compound
3.
USD-Federal Funds-H. 15
USD-Federal Funds
4.
EUR-EURIBOR-Reuters
EUR-EURIBOR
5.
EUR-EURIBOR-Telerate (as defined in the 2000 ISDA Not applicable
Definitions, as published by ISDA)
6.
GBP-LIBOR-BBA*
GBP-LIBOR*© Copyright Chicago Mercantile Exchange, Inc. All rights reserved.

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*As set out in CME Clearing Advisory Notice 21-434, effective January 4, 2022, CME will cease toaccept for clearing IRS Contracts referencing GBP-LIBOR-BBA or GBP-LIBOR except where the startdate of such swap is on or after January 4, 2022.
7.
GBP-SONIA-COMPOUND
GBP-SONIA-OIS Compound
8.
JPY-LIBOR-BBA**
JPY-LIBOR****As set out in CME Clearing Advisory Notice 21-434, effective January 4, 2022, CME will cease toaccept for clearing IRS Contracts referencing JPY-LIBOR-BBA or JPY-LIBOR except where the startdate of such swap is on or after January 4, 2022.
9.
JPY-TONA-OIS-COMPOUND
JPY-TONA-OIS Compound10.
CHF-LIBOR-BBA***CHF-LIBOR******As set out in CME Clearing Advisory Notice 21-434, effective January 3, 2022, CME will cease toaccept for clearing IRS Contracts referencing CHF-LIBOR-BBA or CHF-LIBOR except where the startdate of such swap is on or after January 3, 2022.
11.
CAD-BA-CDOR*****CAD-CDOR**********As set out in CME Clearing Advisory Notice 24-115, effective July 3, 2024, CME will cease to accept forclearing IRS Contracts referencing CAD-BA-CDOR or CAD-CDOR except where the start date of such swap is on orafter July 3, 2024.
12.
CAD-CORRA-OIS-COMPOUND
CAD-CORRA-OIS Compound
13.
AUD-BBR-BBSW
AUD-BBSW
14.
AUD-AONIA-OIS-COMPOUND
AUD-AONIA-OIS Compound
15.
SEK-STIBOR-SIDE
SEK-STIBOR
16.
DKK-CIBOR-DKNA13
DKK-CIBOR17.
DKK-CIBOR2-DKNA13
DKK-CIBOR2
18.
NOK-NIBOR-NIBR
NOK-NIBOR19.
NOK-NIBOR-OIBORNOK-NIBOR
20.
HKD-HIBOR-HKAB
HKD-HIBOR
21.
NZD-BBR-FRA
NZD-BKBM FRA
22.
HUF-BUBOR-Reuters
HUF-BUBOR
23.
PLN-WIBOR-WIBO
PLN-WIBOR24.
CZK-PRIBOR-PRBO
CZK-PRIBOR
25.
ZAR-JIBAR-SAFEXZAR-JIBAR26.
MXN-TIIE-Banxico
MXN-TIIE
27.
USD-SOFR-COMPOUND
USD-SOFR-OIS Compound
28.
EUR-EuroSTR-COMPOUND
EUR-EuroSTR-OIS Compound29.
CHF-SARON-OIS-COMPOUND
CHF-SARON-OIS Compound
30.
USD-BSBY
USD-BSBY******As set out in CME Clearing Advisory Notice 24-185, effective July 15, 2024, CME will cease to accept forclearing IRS Contracts referencing USD-BSBY except where the final fixing of such swap is published on or
before November 15, 2024.
31.
Not supported
SGD-SORA-OIS Compound32.
Not supported
MXN-TIIE ON-OIS Compound
With respect to an IRS Contract where an ISDA 2006 Definitions Floating Rate Option name from thetable in this Rule 90102.E.1 is elected by the IRS Clearing Participant for an IRS Contract, for thepurposes of clearing the IRS Contract the Clearing House shall apply the corresponding 2021 ISDA
Definitions Floating Rate Option from the table in this Rule 90102.E.1 as the elected Floating RateOption for the IRS Contract.
90102.E.2.
Non-Deliverable Swap Rate Options
With respect to NDIRSs, the Rate Option elected by the IRS Clearing Participant in accordance withRule 90002.F from the following Rate Options or combination of Rate Options:
1. BRL-CDI (in which case the rate for a Reset Date will be The Overnight Brazilian Interbank
Deposit Rate Annualized known as the average (“Media”) of the DI-OVER-EXTRA Grupo as
published by The Câmara de Custódia e Liquidação as of no later than 12:00 pm on the next Brazil© Copyright Chicago Mercantile Exchange, Inc. All rights reserved.

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business Day provided that any adjustments made by The Câmara de Custódia e Liquidação tosuch rate, if made any time later than the end of the Business Day on such Reset Date, shall not betaken into account by the parties. If BRL-CDI is not published, the Rate Option shall instead by (inthe following order of priority): (i) the overnight deposit rate published for the relevant date by theBolsa de Mercadorias & Futuros; or (ii) determined by the Calculation Agent.)
2. KRW-CD-KSDA-Bloomberg Bloomberg (2006 ISDA Definitions Rate Option Name) / KRW-CD(2021 ISDA Definitions Floating Rate Option Name)
3. INR-FBIL-MIBOR-OIS-COMPOUND (2006 ISDA Definitions Rate Option Name) / INR-MIBOROIS-Compound (2021 ISDA Definitions Floating Rate Option Name)
4. CNY-CNREPOFIX=CFXS-Reuters (2006 ISDA Definitions Rate Option Name) / CNYCNREPOFIX (2021 ISDA Definitions Floating Rate Option Name)
5. CLP-TNA (2006 ISDA Definitions Rate Option Name) / CLP-ICP (2021 ISDA Definitions
Floating Rate Option Name)
6. COP-IBR-OIS-COMPOUND (2006 ISDA Definitions Rate Option Name) / COP-IBR-OIS
Compound (2021 ISDA Definitions Floating Rate Option Name)
90102.F.
Settlement Rate Option
With respect to NDIRSs listed in 90102.E.2., the Settlement Rate Option as applicable shall be:(a) BRL.PTAX/BRL09(b) KRW.KFTC18/KRW02(c) INR.FBIL/INR01(d) CNY.SAEC/CNY01(e) CLP.DOLAR.OBS/CLP10(f) COP.TRM/COP02
90102.G.
Final Settlement Price
If the specified Settlement Rate Option is unavailable for determination of a Final Settlement Price, thensuch Final Settlement Price shall be determined in accordance with the applicable disruption fallbackalternatives for the determination of the Settlement Rate, as set forth in the Relevant EMTA Template.
If such disruption fallback alternatives fail to provide a Settlement Rate, then such Final Settlement
Price shall be determined by the Exchange, in its role as Calculation Agent.
90102.H.
Application of Permanent Cessation Fallbacks
Subject to the other chapters of or provisions of or made under these Rules and subject to and without
prejudice to any specific actions determined by the Clearing House in its sole and absolute discretion, ifa Permanent Cessation Trigger occurs with respect to any Floating Rate Option referenced under an
IRS Contract, CME will apply any applicable Permanent Cessation Fallback under the ISDA Definitions
mutatis mutandis with respect to each affected IRS Contract from the date set out in the applicable
Permanent Cessation Fallback or, if no such date is set out in the Permanent Cessation Fallback andthe permanent Cessation Trigger is an Index Cessation Event, from the Index Cessation Effective Date,in accordance with the ISDA Definitions.

90103. CONTRACT MODIFICATIONS
90103.A.
CME Rules
The terms of IRS Contracts may be modified by CME in accordance with the Rules, with suchmodification to become part of these Rules and to be applicable to all IRS Contracts that are enteredinto subsequent to the relevant date of modification.
90103.B.
Change in Law or Regulation
If any governmental agency or body with jurisdiction over CME issues an order, ruling, directive or law
that conflicts with the requirements of these Rules, CME shall make such amendments andmodifications to these Rules as it deems appropriate in its sole discretion in order to reflect theapplication of such order, ruling, directive or law, and such changes to these Rules shall be applicable
to all IRS Contracts that are open as of, or entered into subsequent to, the relevant effective date of theorder, ruling, directive or law.

90104. BRL INTEREST RATE SWAPS CONTRACT TERMS
90104.A.

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The scope of this Chapter is limited in application to IRS Products in respect of which BRL-CDI has
been elected as the Rate Option. Capitalized terms in this Chapter that are not otherwise defined in thisChapter shall have the meanings given to such terms in the other Chapters of the Rules. Capitalizedterms in this Chapter that are not otherwise defined in either this Chapter or the other Chapters of theRules shall have the meanings set forth in the FX Definitions. In respect of any BRL IRS Contract andany inconsistency between the FX Definitions and the ISDA Definitions, the ISDA Definitions will govern
other than for the purposes of the settlement provisions.
90104.B.
DEFINITIONS
90104.B.1.
BRL IRS Contract
An IRS Product that (i) has been accepted for clearing by the Clearing House, and (ii) in respect ofwhich BRL-CDI has been elected as the Floating Rate Option.
90104.B.2.
Calculation Days
As of the Trade Date, the number of Brazil Business Days from and including the Effective Date to but
excluding the Termination Date.
90104.B.3.
Brazil Business Day
90104.B.4.
Unscheduled Holiday
A day that is not a Business Day and the market was not aware of such fact (by means of a publicannouncement or by reference to other publicly available information) until a time later than 9:00am SãoPaulo time two Business Days prior to the relevant Payment Date,
90104.C.
FURTHER TERMS OF BRL IRS CONTRACTS
Each BRL IRS Contract shall be further supplemented and amended with the following provisions of thisRule 90104.C.
90104.C.1.
Non-Deliverable
Settlement shall be Non-Deliverable.
90104.C.2.
Notionals
The parties shall specify a Trade Date Present Value Notional Amount and a Termination Date Future
Value Notional Amount, and for the purposes of determining the Floating Amount, references in theISDA Definitions to Notional Amount shall be deemed to be references to the Trade Date Present Value
Notional Amount.
90104.C.3.
Reset DateThe Reset Date shall be each Business Day from and including the Effective Date to but excluding theTermination Date.
90104.C.4.
Business Day
For the purposes of the definition of Business Day:(a) the relevant places for the purposes of the definition of Reset Date shall be Brazil Business Day;(b) the relevant places for the purposes of the definition of Valuation Date shall be Brazil Business Day
and New York;(c) the relevant places for the purposes of the definition of Payment Dates shall be Brazil BusinessDay and New York, provided however that in the event of an Unscheduled Holiday following the Trade
Date, it shall be New York only; and(d) the relevant places for the purposes of all other definition shall be Brazil Business Day.
90104.C.5.
Settlement Currency and Reference Currency
The Settlement Currency shall be USD and the Reference Currency shall be BRL.
90104.C.6.
Settlement Rate Option
The Settlement Rate Option shall be BRL PTAX/BRL09.
90104.C.7.
Payment Date
The Payment Date shall be one Business Day after the Termination Date.
90104.C.8.
Floating Rate Day Count Fraction
The Floating Rate Day Count Fraction shall be Calculation Days /252 (the actual number of Calculation
Days in the relevant Calculation Period or Compounding Period in respect of which payment is being
made divided by 252).

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90104.C.9.
Fixed Rate Day Count Fraction
The Fixed Rate Day Count Fraction shall be Calculation Days/252 (the actual number of Calculation
Days in the relevant Calculation Period or Compounding Period in respect of which payment is being
made divided by 252).
90104.C.10.
Fixed Amount
The Fixed Amount shall be the Trade Date Present Value Notional Amount * [(1+Fixed Rate) ^ (FixedRate Day Count Fraction)].
90104.C.11.
Compounding
Compounding shall be applicable, and in the definition of Compounding Date in the ISDA Definitions,the reference to “each day” shall be deemed to be a reference to “each Business Day”.
90104.C.12.
Deferral Period for Unscheduled Holiday
In the event that the Scheduled Valuation Date becomes subject to the Following Business Day
Convention, and if the Valuation Date has not occurred on or before the 30th consecutive day after theScheduled Valuation Date (any such period being a ''Deferral Period''), then the next day after theDeferral Period that would have been a Business Day but for the Unscheduled Holiday, shall bedeemed to be the Valuation Date.

90105. CLP INTEREST RATE SWAPS CONTRACT TERMS
90105.A.
Scope of Chapter
The scope of this Chapter is limited in application to IRS Products in respect of which CLP has been
elected as the Rate Option. Capitalized terms in this Chapter that are not otherwise defined in thisChapter shall have the meanings given to such terms in the other Chapters of the Rules. Capitalizedterms in this Chapter that are not otherwise defined in either this Chapter or the other Chapters of theRules shall have the meanings set forth in the FX Definitions. In respect of any CLP IRS Contract andany inconsistency between the FX Definitions and the ISDA Definitions, the ISDA Definitions will govern
other than for the purposes of the settlement provisions.
90105.B.
DEFINITIONS
90105.B.1.
Indice Cámara Promedio (“ICP”)“ICP” means that the rate for a Reset Date will be the Indice Cámara Promedio (“ICP”) rate from
Chilean Pesos which is determined and published by the Asociación de Bancos e Instituciones
Financieras de Chile A.G. (“ABIF”) in accordance with the “Reglamento Indice de Cámara Promedio” of
the ABIF as published in the Diario Oficial de la Republica de Chile (the “ICP Rules”) and which isreported on the ABIF website by not later than 10:00 a.m., Santiago time, on the Reset Date. If, inrespect of any Reset Date, the rate fails to appear by 10:00 a.m., Santiago time, then the rate for that
Reset Date will be determined by the Calculation Agent substantially in accordance with the ICP Rules.
90105.C.
Further Terms of CLP IRS Contracts
Each CLP IRS Contract shall be further supplemented and amended with the following provisions of thisRule 90105.C.
90105.C.1.
Non-Deliverable
Settlement shall be Non-Deliverable.
90105.C.2.
Business Day
For the purposes of the definition of Business Day:(a) the relevant places for the purposes of the definition of Valuation Date shall be New York andSantiago; and(b) the relevant places for the purposes of the definition of Settlement/Payment Dates shall be New
York and Santiago.

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