Course Retirement | Swaps Fundamentals

📣 Effective June 20, 2025, the Swaps Fundamentals course will be retired from CFI's Course Content Catalog.

Overview of Changes

The existing Swaps Fundamentals course is based on LIBOR, which was phased out in 2023. With the switch to benchmarks like SOFR (US) and SONIA (UK), the content has become outdated.

An updated Swaps Fundamentals course is under development and will be announced when complete.


Impact on Learners

  • On June 20th, 2025, Swaps Fundamentals will no longer be available to enroll in.
  • Learners who wish to complete the existing Swaps Fundamentals course before it is retired must start it before June 20th.
  • Learners who wish to take Swaps Fundamentals as an elective in the CMSA Certification Program must start the course before its retirement to have it count toward program progress.
  • Those who complete Swaps Fundamentals before June 20, 2025, will not be impacted.
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