Template:Csa Interest Amount summ: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{subst:Interest adjustment and interest transfer}}") Tags: Mobile edit Mobile web edit |
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One might query whether “{{ | One might query whether “{{{{{1}}}|Daily Interest Compounding}}” should apply. | ||
Interest compounds anyway at the end of each specified interest period (because it is paid out or added to the {{ | Interest compounds anyway at the end of each specified interest period (because it is paid out or added to the {{{{{1}}}|Credit Support Balance (VM)}}, depending on which election you made at {{csaprov|11(g)(ii)}}. If that period is “daily” then there's nothing really to be gained by {{csaprov|Daily Interest Compounding}}. If the {{csaprov|Interest Period}} is longer than that, there may be — but in the present environment (which, as those of you who lived through the Weimar Republic<ref>NONE of you lived through the Weimar Republic, by the way.</ref> may recall, CAN MOST DEFINITELY CHANGE) — the thought of daily compounding 1/365th of the ''bugger all'' interest you're getting paid anyway might seem like a fight it’s not worth dying in a [[ditch]] about<ref>Be assured, though - your [[Mediocre lawyer|lawyers]] will disagree.</ref>. | ||