View source for Template:M summ 2002 ISDA Non-default Rate

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To compare with the definition of Default Rate:
{{quote|“'''{{isdaprov|Default Rate}}'''” means a rate per annum equal to the cost (without proof or evidence of any actual cost) to the relevant payee (as certified by it) if it were to fund or of funding the relevant amount ''plus 1% per annum''. (emphasis added)}}

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