State of a federal sovereign: Difference between revisions

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{{a|netting|}}One of {{t|ISDA}}’s vaunted {{tag|netting}} categories.
{{a|netting|}}One of [[ISDA]]’s vaunted [[netting]] categories.


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Latest revision as of 13:30, 14 August 2024

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One of ISDA’s vaunted netting categories.

State of a Federal Sovereign: The principal political sub-division of a federal Sovereign, such as Australia (for example, Queensland), Canada (for example, Ontario), Germany (for example, Nordrhein-Westfalen) or the United States of America (for example, Pennsylvania). This category does not include a Local Authority.
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See also