Template:M summ Credit Derivatives 3.32: Difference between revisions

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Revision as of 11:05, 7 May 2023 (view source) Amwelladmin (talk \| contribs) (Created page with "{{cddprov\|3.32}} There are times where the JC’s patience for the infinite, pernickety, paranoid, wilful attention to unnecessary detail that {{icds}} brings to its task runs out, and this is one such a place. Our nutshell version is as faithful a replication of this semantic superstructure as we can bring ourselves to recreate, but is still far more information than any fair-minded merchant should need, and is certainly more than anyone wants.")		Latest revision as of 08:33, 20 May 2023 (view source) Amwelladmin (talk \| contribs) (Searching out embedded templates in CDD summ) Tag: Manual revert
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	{{cddprov\|3.32}} There are times where the [[JC]]’s patience for the infinite, pernickety, paranoid, wilful attention to unnecessary detail that {{icds}} brings to its task runs out, and this is one such a place. Our nutshell version is as faithful a replication of this semantic superstructure as we can bring ourselves to recreate, but is still far more information than any fair-minded merchant should need, and is certainly more than anyone wants.		{{cddprov\|3.32}} There are times where the [[JC]]’s patience for the infinite, pernickety, paranoid, wilful attention to unnecessary detail that {{icds}} brings to its task runs out, and this is one such a place. Our nutshell version is as faithful a replication of this semantic superstructure as we can bring ourselves to recreate, but is still far more information than any fair-minded merchant should need, and is certainly more than anyone wants.

			If you are physically settling a CDS because of ''only'' a {{cddprov\|Restructuring}} — if any other {{cddprov\|Credit Event}} happens, for heaven’s sake use that and don’t bother with this nonsense — then, bar one very limited circumstance which we will get to — then you can only deliver a {{cddprov\|Deliverable Obligation}} that is a {{cddprov\|Conditionally Transferable Obligation}} with a final maturity date no later than the — oh, God, here we go — {{cddprov\|Modified Restructuring Maturity Limitation Date}}. And then it carries on, diving head first into deep pool of conditonal detail that was drained for the winter.