Template:Nutshell 2016 CSA Exposure: Difference between revisions

A party’s "{{isdaprov|Exposure}}" means the amount it would pay (a positive {{isdaprov|Exposure}}) or receive (a negative {{isdaprov|Exposure}}) if all {{isdaprov|Covered Transactions}} other than the CSA were terminated following a {{isdaprov|Termination Event}} where the other party was the {{isdaprov|One Affected Party}}, the {{csaprov|Base Currency}} was the {{isdaprov|Termination Currency}}; and the Valuation Agent made the relevant valuations on the party’s behalf using mid-market estimates of the amounts that would required under the relevant {{isdama}}. <br>