ISDA also sets industry standards for derivatives and provides legal definitions of terms used in contracts. For example, isda Credit Derivatives Definitions of 1999, which contains basic definitions for credit default swaps, total credit swaps, linked notes and other credit derivative transactions.  ISDA was founded in 1985 as the International Swap Dealers Association and later changed its name from "Swap Dealers" to "Swaps and Derivatives". This change was made to draw more attention to their efforts to improve broader derivatives markets and move away from pure interest rate swap contracts. From 1998 to August 2014, ISDA was responsible for publishing a series of benchmark interest rates for four currencies (euro, pound sterling, Swiss franc, US dollar) under the name ISDAfix. (Among the buyers of protection were some of the insurance company`s lenders.) [Citation required] Perhaps the most important aspect of the ISDA Framework Agreement is that the Framework Contract and all confirmations concluded under the Framework constitute a single agreement. .