Template:ISDA Master Agreement 1992 Default Rate: Difference between revisions

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“'''{{prov|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. <br>
“'''{{isda92prov|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. <br>

Latest revision as of 20:43, 18 April 2020

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.