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| {{anat|isdadefs|}}One of many compendious and stupefying booklets containing the minute details of how one calculates for example, {{isdadefsprov|Floating Rate Option}}s, should your currency happen to be South African Rand. There were [[2000 ISDA Definitions]], and they were superseded by the even drearier, more compendious, [[2006 ISDA Definitions]]. | | {{nman|isdadefs||TOC}} |
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| Good work, everyone.
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| ARTICLE {{isdadefsprov|1}} CERTAIN GENERAL DEFINITIONS<br>
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| :Section {{isdadefsprov|1.1}} {{isdadefsprov|Swap Transaction}}<br>
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| :Section {{isdadefsprov|1.2}} {{isdadefsprov|Confirmation}}<br>
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| :Section {{isdadefsprov|1.3}} {{isdadefsprov|Banking Day}}<br>
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| :Section {{isdadefsprov|1.4}} {{isdadefsprov|Business Day}}<br>
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| :Section {{isdadefsprov|1.5}} {{isdadefsprov|Financial Centers}}<br>
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| :Section {{isdadefsprov|1.6}} {{isdadefsprov|Certain Business Days}}<br>
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| :Section {{isdadefsprov|1.7}} {{isdadefsprov|Currencies}}<br>
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| :Section {{isdadefsprov|1.8}} {{isdadefsprov|TARGET Settlement Day}}<br>
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| :Section {{isdadefsprov|1.9}} {{isdadefsprov|New York Fed Business Day}}<br>
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| :Section {{isdadefsprov|1.10}} {{isdadefsprov|NYSE Business Day}}<br>
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| :Section {{isdadefsprov|1.11}} {{isdadefsprov|U.S. Government Securities Business Day}}<br>
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| :Section {{isdadefsprov|1.12}} {{isdadefsprov|EC Treaty}}<br>
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| ARTICLE {{isdadefsprov|2}} PARTIES<br>
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| :Section {{isdadefsprov|2.1}} {{isdadefsprov|Fixed Rate Payer; Fixed Amount Payer}}<br>
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| :Section {{isdadefsprov|2.2}} {{isdadefsprov|Floating Rate Payer; Floating Amount Payer}}<br>
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| ARTICLE {{isdadefsprov|3}} TERM AND DATES<br>
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| :Section {{isdadefsprov|3.1}} {{isdadefsprov|Term}}<br>
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| :Section {{isdadefsprov|3.2}} {{isdadefsprov|Effective Date}}<br>
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| :Section {{isdadefsprov|3.3}} {{isdadefsprov|Termination Date}}<br>
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| :Section {{isdadefsprov|3.4}} {{isdadefsprov|Initial Exchange Date}}<br>
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| :Section {{isdadefsprov|3.5}} {{isdadefsprov|Interim Exchange Date; Periodic Exchange Date}}<br>
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| :Section {{isdadefsprov|3.6}} {{isdadefsprov|Final Exchange Date; Exchange Date; Maturity Date}}<br>
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| :Section {{isdadefsprov|3.7}} {{isdadefsprov|Trade Date}}<br>
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| ARTICLE {{isdadefsprov|4}} CERTAIN DEFINITIONS RELATING TO PAYMENTS<br>
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| :Section {{isdadefsprov|4.1}} {{isdadefsprov|Initial Exchange Amount}}<br>
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| :Section {{isdadefsprov|4.2}} {{isdadefsprov|Interim Exchange Amount; Periodic Exchange Amount}}<br>
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| :Section {{isdadefsprov|4.3}} {{isdadefsprov|Final Exchange Amount; Exchange Amount.7ii}}<br>
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| :Section {{isdadefsprov|4.4}} {{isdadefsprov|Fixed Amount}}<br>
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| :Section {{isdadefsprov|4.5}} {{isdadefsprov|Floating Amount}}<br>
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| :Section {{isdadefsprov|4.6}} {{isdadefsprov|Currency Amount}}<br>
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| :Section {{isdadefsprov|4.7}} {{isdadefsprov|Notional Amount}}<br>
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| :Section {{isdadefsprov|4.8}} {{isdadefsprov|Calculation Amount}}<br>
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| :Section {{isdadefsprov|4.9}} {{isdadefsprov|Payment Date}}<br>
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| :Section {{isdadefsprov|4.10}}.{{isdadefsprov|Period End Date}}<br>
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| :Section {{isdadefsprov|4.11}}.{{isdadefsprov|FRN Convention; Eurodollar Convention}}<br>
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| :Section {{isdadefsprov|4.12}}.{{isdadefsprov|Business Day Convention}}<br>
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| :Section {{isdadefsprov|4.13}}.{{isdadefsprov|Calculation Period}}<br>
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| :Section {{isdadefsprov|4.14}}.{{isdadefsprov|Calculation Agent}}<br>
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| :Section {{isdadefsprov|4.15}}.{{isdadefsprov|Calculation Date}}<br>
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| :Section {{isdadefsprov|4.16}}.{{isdadefsprov|Day Count Fraction}}<br>
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| :Section {{isdadefsprov|4.17}}. {{isdadefsprov|IMM Settlement Dates}}<br>
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| ARTICLE {{isdadefsprov|5}} FIXED AMOUNTS<br>
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| :Section {{isdadefsprov|5.1}} {{isdadefsprov|Calculation of a Fixed Amount}}<br>
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| :Section {{isdadefsprov|5.2}} {{isdadefsprov|Certain Definitions Relating to Fixed Amounts}}<br>
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| ARTICLE {{isdadefsprov|6}} FLOATING AMOUNTS<br>
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| :Section {{isdadefsprov|6.1}} {{isdadefsprov|Calculation of a Floating Amount}}<br>
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| :Section {{isdadefsprov|6.2}} {{isdadefsprov|Certain Definitions Relating to Floating Amounts}}<br>
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| :Section {{isdadefsprov|6.3}} {{isdadefsprov|Certain Definitions Relating to Compounding}}<br>
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| :Section {{isdadefsprov|6.4}} {{isdadefsprov|Negative Interest Rates}}<br>
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| ARTICLE {{isdadefsprov|7}} CALCULATION OF RATES FOR CERTAIN FLOATING RATE OPTIONS<br>
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| :Section {{isdadefsprov|7.1}} {{isdadefsprov|Rate Options}}<br>
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| :Section {{isdadefsprov|7.2}} {{isdadefsprov|Certain Published and Displayed Sources}}<br>
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| :Section {{isdadefsprov|7.3}} {{isdadefsprov|Certain General Definitions Relating to Floating Rate Options}}<br>
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| :Section {{isdadefsprov|7.4}} {{isdadefsprov|Price Source Conversion}}<br>
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| :Section {{isdadefsprov|7.5}} {{isdadefsprov|Certain Definitions Relating to Price Source Conversion}}<br>
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| :Section {{isdadefsprov|7.6}} {{isdadefsprov|Corrections to Published and Displayed Rates}}<br>
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| ARTICLE {{isdadefsprov|8}} ROUNDING; INTERPOLATION; DISCOUNTING<br>
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| :Section {{isdadefsprov|8.1}} {{isdadefsprov|Rounding}}<br>
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| :Section {{isdadefsprov|8.2}} {{isdadefsprov|Rounding of Currency Amounts}}<br>
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| :Section {{isdadefsprov|8.3}} {{isdadefsprov|Interpolation}}<br>
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| :Section {{isdadefsprov|8.4}} {{isdadefsprov|Discounting}}<br>
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| ARTICLE {{isdadefsprov|9}} PAYMENTS<br>
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| :Section {{isdadefsprov|9.1}} {{isdadefsprov|Relating Payments to Calculation Periods}}<br>
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| ARTICLE {{isdadefsprov|10}} MARK-TO-MARKET CURRENCY SWAPS<br>
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| :Section {{isdadefsprov|10.1}} {{isdadefsprov|Mark-to-market Currency Swap}}<br>
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| :Section {{isdadefsprov|10.2}} {{isdadefsprov|General Terms Relating to Mark-to-market Currency Swaps}}<br>
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| :Section {{isdadefsprov|10.3}} {{isdadefsprov|Application of ISDA MTM Matrix}}<br>
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| :Section {{isdadefsprov|10.4}} {{isdadefsprov|ISDA MTM Matrix}}<br>
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| :Section {{isdadefsprov|10.5}} {{isdadefsprov|MTM Amount}}<br>
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| ARTICLE {{isdadefsprov|11}} OPTION TRANSACTION; SWAPTION; SWAPTION STRADDLE<br>
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| :Section {{isdadefsprov|11.1}} {{isdadefsprov|Option Transaction}}<br>
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| :Section {{isdadefsprov|11.2}} {{isdadefsprov|Swaption}}<br>
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| :Section {{isdadefsprov|11.3}} {{isdadefsprov|Swaption Straddle}}<br>
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| ARTICLE {{isdadefsprov|12}} CERTAIN DEFINITIONS AND PROVISIONS RELATING TO OPTION TRANSACTIONS<br>
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| :Section {{isdadefsprov|12.1}} {{isdadefsprov|Parties}}<br>
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| :Section {{isdadefsprov|12.2}} {{isdadefsprov|Option Style}}<br>
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| :Section {{isdadefsprov|12.3}} {{isdadefsprov|Terms Relating to Premium}}<br>
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| :Section {{isdadefsprov|12.4}} {{isdadefsprov|Exercise Business Day}}<br>
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| :Section {{isdadefsprov|12.5}} {{isdadefsprov|Notional Amount for Option Transactions}}<br>
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| ARTICLE {{isdadefsprov|13}} EXERCISE OF OPTIONS<br>
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| :Section {{isdadefsprov|13.1}} {{isdadefsprov|General Terms Relating to Exercise}}<br>
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| :Section {{isdadefsprov|13.2}} {{isdadefsprov|Procedure for Exercise}}<br>
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| :Section {{isdadefsprov|13.3}} {{isdadefsprov|Partial Exercise}}<br>
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| :Section {{isdadefsprov|13.4}} {{isdadefsprov|Multiple Exercise}}<br>
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| :Section {{isdadefsprov|13.5}} {{isdadefsprov|Minimum Notional Amount}}<br>
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| :Section {{isdadefsprov|13.6}} {{isdadefsprov|Maximum Notional Amount}}<br>
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| :Section {{isdadefsprov|13.7}} {{isdadefsprov|Automatic Exercise}}<br>
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| :Section {{isdadefsprov|13.8}} {{isdadefsprov|Fallback Exercise}}<br>
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| :Section {{isdadefsprov|13.9}} {{isdadefsprov|Settlement Rate on Automatic Exercise or Fallback Exercise}}<br>
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| :Section {{isdadefsprov|13.10}}.{{isdadefsprov|Exercise of Swaption Straddles.94iv}}<br>
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| ARTICLE {{isdadefsprov|14}} GENERAL TERMS AND PROVISIONS RELATING TO SETTLEMENT OF SWAPTIONS<br>
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| :Section {{isdadefsprov|14.1}} {{isdadefsprov|Certain Definitions Relating to Settlement of Swaptions}}<br>
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| ARTICLE {{isdadefsprov|15}} PHYSICAL SETTLEMENT OF SWAPTIONS<br>
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| :Section {{isdadefsprov|15.1}} {{isdadefsprov|Physical Settlement}}<br>
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| ARTICLE {{isdadefsprov|16}} OPTIONAL EARLY TERMINATION<br>
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| :Section {{isdadefsprov|16.1}} {{isdadefsprov|Optional Early Termination}}<br>
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| :Section {{isdadefsprov|16.2}} {{isdadefsprov|Optional Early Termination Date}}<br>
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| ARTICLE {{isdadefsprov|17}} MANDATORY EARLY TERMINATION<br>
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| :Section {{isdadefsprov|17.1}} {{isdadefsprov|Mandatory Early Termination}}<br>
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| :Section {{isdadefsprov|17.2}} {{isdadefsprov|Mandatory Early Termination Date}}<br>
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| ARTICLE {{isdadefsprov|18}} CASH SETTLEMENT<br>
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| :Section {{isdadefsprov|18.1}} {{isdadefsprov|Cash Settlement}}<br>
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| :Section {{isdadefsprov|18.2}} {{isdadefsprov|Certain Definitions Relating to Cash Settlement}}<br>
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| :Section {{isdadefsprov|18.3}} {{isdadefsprov|Cash Settlement Methods}}<br>
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| :Section {{isdadefsprov|18.4}} {{isdadefsprov|In-the-money}}<br>
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| :Section {{isdadefsprov|18.5}} {{isdadefsprov|Out-of-the-money}}<br>
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| :Section {{isdadefsprov|18.6}} {{isdadefsprov|Corrections to Published and Displayed Rates for Settlement Rate}}<br>
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| ARTICLE {{isdadefsprov|19}} ISDA SETTLEMENT MATRIX<br>
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| :Section {{isdadefsprov|19.1}} {{isdadefsprov|Application of ISDA Settlement Matrix}}<br>
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| :Section {{isdadefsprov|19.2}} {{isdadefsprov|ISDA Settlement Matrix}}<br>
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| {{c|ISDA Definitions}}
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