Template:Csa Interest Payment comp: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "Some development from the OG to the 2016 ISDA VM CSA that came about when ISDA’s crack drafting squad™, bless them, contrived in Para {{{{{1}}}|5(c)(ii)}} to design an option no-one in their right mind would have wanted, namely to choose between {{{{{1}}}|Interest Transfer}} — in which you can have interest that accrues on your {{{{{1}}}|Credit Support Balance}} periodically paid to you — or {{{{{1}}}|Interest Amount}}, in which interest accruals are just capital...") |
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Latest revision as of 19:01, 18 January 2024
Some development from the OG to the 2016 ISDA VM CSA that came about when ISDA’s crack drafting squad™, bless them, contrived in Para {{{{{1}}}|5(c)(ii)}} to design an option no-one in their right mind would have wanted, namely to choose between {{{{{1}}}|Interest Transfer}} — in which you can have interest that accrues on your {{{{{1}}}|Credit Support Balance}} periodically paid to you — or {{{{{1}}}|Interest Amount}}, in which interest accruals are just capitalised and added to the {{{{{1}}}|Credit Support Balance}}, effectively folding all that into the weft and warp of daily transfers that you will be making anyway.