Template:M summ GMRA 10(f): Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
(Created page with "Note reference to dramatic look gopher — LIBOR. This provision also applies LIBOR, through the out-door, to non-default scenarios too, so your five-year, thousand-s...")
 
No edit summary
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
Note reference to  [[dramatic look gopher]] — [[LIBOR]]. This provision also applies LIBOR, through the out-door, to non-default scenarios too, so your five-year, thousand-strong LIBOR remediation regulatory change project ''does'' need to care about LIBOR in the {{gmra}} as more than a tail risk.
[[10(f) - GMRA Provision|Note]] reference to  [[dramatic look gopher]] — [[LIBOR]]. LIBOR also applies directly to default payments through Clause {{gmraprov|12}}, but the in-through-the-out-door, reference non-default scenarios too is not quite as pronounced as it is in the {{gmsla}}, but this will not stop your five-year, thousand-strong LIBOR remediation regulatory change juggernaut tying you up in months trying to work out how badly you must care about LIBOR in the {{gmra}}.

Latest revision as of 10:40, 11 April 2023

Note reference to dramatic look gopher — LIBOR. LIBOR also applies directly to default payments through Clause 12, but the in-through-the-out-door, reference non-default scenarios too is not quite as pronounced as it is in the 2010 GMSLA, but this will not stop your five-year, thousand-strong LIBOR remediation regulatory change juggernaut tying you up in months trying to work out how badly you must care about LIBOR in the Global Master Repurchase Agreement.

Retrieved from "https://jollycontrarian.com/index.php?title=Template:M_summ_GMRA_10(f)&oldid=72923"