CCIR Compute Credit Index Research
v2.0.0
AS OF · 2026-06-02
T1IF H100 $6.52 T2IF H100 $3.25 T1IF H200 $7.91 T2IF H200 $4.29 T1IF B200 $11.30 T2IF B200 $6.00 T1IF GB200 $13.52 T2IF A100 $2.33

Documents

The methodology, governance, and IOSCO alignment documents that define how CCIR produces and publishes the CRI reference-rate family. Each document is versioned, effective-dated, and held in a single public repository alongside the published rate snapshots.

v2.0.0 · Effective 2026-05-13 · Public repository
v2.0.0 · Effective 2026-05-13

Methodology

Panel definition, eligibility filters, source-class taxonomy, algorithmic tier classifier, publication thresholds, and the naming convention that binds the published rate to the SKU it references.

Inside
  • Part 0 — Independence and administration posture
  • Part 1 — What CCIR measures (list-asks, intelligence-factory frame)
  • Part 4 — Operator-equal median and multi-horizon fallback
  • Part 11 — Algorithmic tier rubric (T1IF / T2IF / T3IF)
Read on GitHub
v2.0.0 · Effective 2026-05-13

Governance

Administrator profile, structural independence from monitored markets, conflicts-of-interest policy, control framework, complaints procedure, change-control workflow, and regulatory disclaimer.

Inside
  • §1 — Administrator profile and structural independence
  • §2 — Conflicts of interest policy
  • §3 — Control framework (audit infrastructure, manifest, version stamping)
  • §5 — Complaints procedure
  • §6 — Methodology change-control workflow
Read on GitHub
v2.0.0 · Effective 2026-05-13

IOSCO Alignment

Principle-by-principle crosswalk against the 19 IOSCO Principles for Financial Benchmarks (July 2013). 14 of 19 Compliant, 2 Targeted (Oversight Board, First Annual Audit), 3 Not Applicable (submitter principles — structurally inapplicable to algorithmic collection).

Inside
  • §1 — Summary crosswalk (one-line per principle)
  • §2.1 — Section I · Governance (Principles 1–5)
  • §2.2 — Section II · Benchmark Quality (Principles 6–10)
  • §2.3 — Section III · Quality of the Methodology (Principles 11–14)
  • §2.4 — Section IV · Accountability (Principles 15–19)
Read on GitHub
v2.0.0 · Effective 2026-05-13

Fallback Language Guidance

Drafting guidance for structured-finance counsel citing CRI rates in credit agreements. Benchmark definition templates per series, disruption-event surface, replacement-rate waterfall, mandatory threshold-adjustment-spread mechanic, and conforming-changes authority. Adapted from ARRC hardwired-LIBOR conventions.

Inside
  • §2 — Benchmark definition language + per-series templates
  • §3 — Trigger / disruption events (4)
  • §4 — Replacement-rate waterfall (5 steps)
  • §5 — Threshold-adjustment spread (mandatory)
  • §7 — Tier-class considerations (T1IF / T2IF / T3IF)
Read on GitHub

CCIR's IOSCO alignment is voluntary. The CRI rate family is not currently subject to mandatory benchmark regulation in any jurisdiction; alignment is maintained as a structural precondition for credit document citation. See the Governance document, §10 (Regulatory disclaimer), for the full liability statement.