ICE Benchmark Administration ( IBA ) has published a report updating on progress and inviting feedback on its development of new benchmark alternatives for rates currently used in financial markets . The report also provides considerable information about what is happening in the development of new benchmarks, including: IBA is inviting feedback from market participants on the proposed methodologies to derive forward-looking term rates and on the ICE Term RFR Portal. The report details methodologies it has constructed , which use futures contract data to derive forward - looking term rates for derivatives . It also sets out future goals for the ICE Term RFR Portal where the data , including averages for different tenors , will be published , such as publishing rates derived from swaps contracts and other currency - denominated contracts .
ICE Benchmark Administration ( IBA ) has published a report updating on progress and inviting feedback on its development of new benchmark alternatives for rates currently used in financial markets . The report details methodologies it has constructed , which use futures contract data to derive forward - looking term rates for derivatives . It also sets out future goals for the ICE Term RFR Portal where the data , including averages for different tenors , will be published , such as publishing rates derived from swaps contracts and other currency - denominated contracts .