Deutscher rahmenvertrag: Difference between revisions
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{{a|glossary|}}The ''[[Deutscher | {{a|glossary|}}The ''[[Deutscher rahmenvertrag]]''<ref>Not, ahhh, to be confused with the ''Deutscher Radfahrer-Verband'', the cycling unit of the sports office of a certain earlier German political regime.</ref> is the [[Germany|German]] {{tag|master agreement}}, also known as the “[[DRV]]” or just the plain old “[[rahmenvertrag]]” (literally “framework agreement”) comes in at least three varieties, all governed by {{tag|German law}}. I know very little about them, other than their names, and that they are used for swaps, repo and stock lending: | ||
*[[Deutscher Rahmenvertrag für Finanztermingeschäfte]] ({{tag|Derivatives}} and {{tag|Futures}}) | *[[Deutscher Rahmenvertrag für Finanztermingeschäfte]] ({{tag|Derivatives}} and {{tag|Futures}}) | ||
Revision as of 10:23, 11 November 2019
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The Deutscher rahmenvertrag[1] is the German master agreement, also known as the “DRV” or just the plain old “rahmenvertrag” (literally “framework agreement”) comes in at least three varieties, all governed by German law. I know very little about them, other than their names, and that they are used for swaps, repo and stock lending:
- Deutscher Rahmenvertrag für Finanztermingeschäfte (Derivatives and Futures)
- Deutscher Rahmenvertrag für Wertpapierpensionsgeschäfte (Repo)
- Deutscher Rahmenvertrag für Wertpapierdarlehen (Stock lending)
The DRV has a collateral annex the Besicherungsanhang für Variation Margin which, charmingly, translates as “safety attachment”.
References
- ↑ Not, ahhh, to be confused with the Deutscher Radfahrer-Verband, the cycling unit of the sports office of a certain earlier German political regime.