Template:M comp disc 2021 ISDA Definitions Modified Following: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with "Compare with the 2006 ISDA definitions which provided: {{quote| If “'''Modified Following'''” or “'''Modified'''” is specified, that date will be the first following day that is a Business Day unless that day falls in the next calendar month, in which case that date will be the first preceding day that is a Business Day;}}" |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
Compare with the 2006 ISDA definitions which provided: | Compare with Section {{isdadefsprov|4.12}}(a) of the 2006 ISDA definitions which provided: | ||
{{quote| | {{quote| | ||
If “'''Modified Following'''” or “'''Modified'''” is specified, that date will be the first following day that is a Business Day unless that day falls in the next calendar month, in which case that date will be the first preceding day that is a Business Day;}} | If “'''Modified Following'''” or “'''Modified'''” is specified, that date will be the first following day that is a Business Day unless that day falls in the next calendar month, in which case that date will be the first preceding day that is a Business Day;}} | ||
Is it different? Not wildly. | |||
Latest revision as of 14:18, 27 March 2024
Compare with Section 4.12(a) of the 2006 ISDA definitions which provided:
If “Modified Following” or “Modified” is specified, that date will be the first following day that is a Business Day unless that day falls in the next calendar month, in which case that date will be the first preceding day that is a Business Day;
Is it different? Not wildly.