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

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 20-345
      • Notice Date
      • 04 September 2020
      • Effective Date
      • 04 September 2020

    • CME is extending the maximum maturity of Fed Funds and SOFR OTC Interest Rate products eligible for clearing in Production September 14, 2020. CME previously issued advisory 20-305 announcing the production deployment date had been moved to a date TBC. This enhancement will also available in Production in CME CORE. Testing has been available in New Release since July 8th, 2020.

      For the full text of this advisory, please click here.

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.

© 2025 CME Group Inc. All rights reserved.