Template:M comp disc 1992 ISDA 6(e): Difference between revisions
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===Section {{isda92prov|6(e)(i)}}=== | |||
{{M comp disc 1992 ISDA 6(e)(i)}} | {{M comp disc 1992 ISDA 6(e)(i)}} | ||
Revision as of 19:54, 13 December 2020
Section 6(e)(i)
Compare with Close-out Amount under the 2002 ISDA
The 1992 ISDA close-out methodology is hideous. They overhauled whole process of closing out an ISDA, soup to nuts, in the 2002 ISDA, and is now much more straightforward — as far as you could ever say that about ISDA’s crack drafting squad™’s output. But a large part of the fanbase — that part west of Cabo da Roca — sticks with the 1992 ISDA. Odd.