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| {{fullanat|isda|Credit Support Document |2002}} | | {{isdamanual|Credit Support Document}} |
| Being the document by which {{isdaprov|Credit Support}} is provided by a {{isdaprov|Credit Support Provider}}.
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| ===The {{csa}} is ''not'' a Credit Support Document===
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| Note that a {{tag|CSA}} is '''not''' a {{isdaprov|Credit Support Document}}, and you should not list it as one in {{isdaprov|Part 4}} of the {{isdaprov|Schedule}}, however satisfying it might be to do so. I mean it sounds like one, right? But no: the counterparty cannot be its own {{isdaprov|Credit Support Provider}}. The {{csa}} is, rather, a {{isdaprov|Transaction}} under the {{isdama}}. This is rather important to the whole issue of [[close-out netting]]. Deep [[ISDA lore]].
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| ===[[Guarantees]] under the {{isdama}}: why {{isdaprov|Transaction}}-specific {{isdaprov|guarantee}}s don't work===
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| {{isdaguaranteewarning}}
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| {{ref}}
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Revision as of 10:38, 24 May 2023
2002 ISDA Master Agreement
A Jolly Contrarian owner’s manual™
Credit Support Document in a Nutshell™
The JC’s Nutshell™ summary of this term has moved uptown to the subscription-only ninja tier. For the cost of ½ a weekly 🍺 you can get it here. Sign up at Substack. You can even ask questions! Ask about it here.
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Credit Support Document in all its glory
Related agreements and comparisons
Resources and Navigation
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Overview
No changes between the versions of this rather unnecessary definition. The men and women of ISDA’s crack drafting squad™ must have stood back and admired the handiwork of their 1992 forebears, high-fived each other and gone, “nice job, dudes and dudettes”.
Summary
Premium content
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- The JC’s famous Nutshell™ summary of this clause
See also
References