• Fed Funds and SOFR Maximum Maturity Extension to 51 years in New Release

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearaing
      • #
      • 20-262
      • Notice Date
      • 07 July 2020
      • Effective Date
      • 07 July 2020

    • CME is extending the maximum maturity of Fed Funds and SOFR OTC Interest Rate products eligible for clearing. All OTC swaps referencing Fed Funds and SOFR indices will be eligible to clear out to 51 years (currently 30 years) from the cleared date.

      Click here for the full text of the advisory

      20-262

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2026 CME Group Inc. All rights reserved.