Template:M summ GMRA 10(f): Difference between revisions

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Created page with "Note reference to dramatic look gopher — LIBOR. This provision also applies LIBOR, through the out-door, to non-default scenarios too, so your five-year, thousand-s..."
 
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Note reference to  [[dramatic look gopher]] — [[LIBOR]]. This provision also applies LIBOR, through the out-door, to non-default scenarios too, so your five-year, thousand-strong LIBOR remediation regulatory change project ''does'' need to care about LIBOR in the {{gmra}} as more than a tail risk.
[[10(f) - GMRA Provision|Note]] reference to  [[dramatic look gopher]] — [[LIBOR]]. LIBOR also applies directly to default payments through Clause {{gmraprov|12}}, but the in-through-the-out-door, reference non-default scenarios too is not quite as pronounced as it is in the {{gmsla}}, but this will not stop your five-year, thousand-strong LIBOR remediation regulatory change juggernaut tying you up in months trying to work out how badly you must care about LIBOR in the {{gmra}}.

Latest revision as of 10:40, 11 April 2023

Note reference to dramatic look gopher — LIBOR. LIBOR also applies directly to default payments through Clause 12, but the in-through-the-out-door, reference non-default scenarios too is not quite as pronounced as it is in the 2010 GMSLA, but this will not stop your five-year, thousand-strong LIBOR remediation regulatory change juggernaut tying you up in months trying to work out how badly you must care about LIBOR in the Global Master Repurchase Agreement.

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