FASB recognises OIS rate as hedge accounting benchmark


The Financial Accounting Standards Board (FASB) has added the federal funds rate to the benchmarks recognised in its fair value accounting regime – a step the industry hopes will make it easier for over-the-counter derivatives users to prove their hedges are effective, which is a key requirement of hedge accounting rules. It could also spur the growth of swaps that reference this rate.

The FASB decision reflects the fact that the OTC market now recognises overnight indexed swap (OIS) rates

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here