MAC Standard

The MAC (Market Agreed Coupon) Standard, which is calculated and administered by CME Group, is an interest rate swap (IRS) contract structure with pre-defined, market-agreed terms, developed by SIFMA and ISDA with the purpose of promoting IRS liquidity and simplifying swap position management.

MAC Rates for Japanese Yen TONAR coming December 2021

In support of continued global adoption of alternative reference rates, CME Group will begin publishing Japanese Yen TONAR-based MAC Rates in December 2021 as an addition to the current suite. The first published TONAR rates will be for the March 2022, June 2022, and September 2022 start dates.

MAC Coupons and CUSIPs

Current Coupons and CUSIPs

MAC Swap Effective Date

Publication Date

Initial Listing Date

XLSX

CSV

June 2022 Jun 15, 2022 Sep 7, 2021 Sep 13, 2021 N/A  
March 2022 Mar 16, 2022 Jun 7, 2021 Jun 14, 2021    
December 2021 Dec 15, 2021 Mar 8, 2021 Mar 15, 2021    
September 2021 (revised for AUD and GBP-LIBOR) Sep 15, 2021 Mar 8, 2021 Mar 15, 2021    
September 2021 Sep 15, 2021 Dec 7, 2020 Dec 14, 2020    
June 2021 (€STR & SONIA) Jun 16, 2021 Dec 7, 2020 Dec 14, 2020    
June 2021 Jun 16, 2021 Sep 8, 2020 Sep 14, 2020    
March 2021 Mar 17, 2021 Jun 8, 2020 Jun 15, 2020    
December 2020 (SOFR Only) Dec 16, 2020 Jun 8, 2020
Jun 15, 2020    
December 2020 Dec 16, 2020 Mar 9, 2020 Mar 16, 2020    
September 2020 (revised for CAD) Sep 16, 2020 May 26, 2020 Jun 03, 2020    
September 2020 (revised) Sep 16, 2020 Mar 26, 2020 Apr 2, 2020    
September 2020 Sep 16, 2020 Dec 9, 2019 Dec 16, 2019    
June 2020 (revised) Jun 17, 2020 Mar 26, 2020 Apr 2, 2020    
June 2020 Jun 17, 2020 Sep 9, 2019 Sep 16, 2019    
March 2020 Mar 18, 2020 Jun 10, 2019 Jun 17, 2019    
December 2019 (revised 3) Dec 18, 2019 Aug 14, 2019 Aug 21, 2019    
December 2019 (revised 2) Dec 18, 2019 Aug 7, 2019 Aug 14, 2019    
December 2019 (revised) Dec 18, 2019 Jul 9, 2019 Jul 16, 2019    
December 2019 Dec 18, 2019 Mar 11, 2019 Mar 18, 2019    
September 2019 (revised 5) Sep 18, 2019 Aug 14, 2019 Aug 21, 2019    
September 2019 (revised 4) Sep 18, 2019 Aug 7, 2019 Aug 14, 2019    
September 2019 (revised 3) Sep 18, 2019 Jul 9, 2019 Jul 16, 2019    
September 2019 (revised 2) Sep 18, 2019 Jun 10, 2019 Jun 10, 2019    
September 2019 Sep 18, 2019 Dec 10, 2018 Dec 17, 2018    
June 2019 (revised) Jun 19, 2019 May 23, 2019 May 23, 2019    
June 2019 Jun 19, 2019 Sep 11, 2018 Sep 18, 2018    
March 2019 Mar 20, 2019 Jun 11, 2018 Jun 18, 2018    
December 2018 Dec 19, 2018 Mar 12, 2018 Mar 19, 2018    
September 2018 Sep 19, 2018 Dec 11, 2017 Dec 18, 2017    
June 2018 Jun 20, 2018 Sep 12, 2017 Sep 19, 2017    
March 2018 Mar 21, 2018 Jun 9, 2017 Jun 19, 2017    
December 2017 Dec 20, 2017 Mar 8, 2017 Mar 20, 2017    
September 2017 Sep 20, 2017 Dec 8, 2016 Dec 13, 2016    
June 2017 (revised) Jun 21, 2017 Mar 3, 2017 Mar 6, 2017    
June 2017 Jun 21, 2017 Sep 7, 2016 Sep 14, 2016  

None

View CME MAC File Layout

New MAC Coupons and CUSIPs are published generally on the Monday before the second Wednesday of every March, June, September and December.

For more information about the MAC Standard, please contract the Interest Rates Team.

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