Template:M summ 2002 ISDA Non-default Rate: Difference between revisions

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Created page with "To compare with the definition of Default Rate: {{quote|“'''{{isdaprov|Default Rate}}'''” means a rate per annum equal to the cost (without proof or evidence of any actual cost) to the relevant payee (as certified by it) if it were to fund or of funding the relevant amount ''plus 1% per annum''. (emphasis added)}}"
 
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To compare with the definition of Default Rate:
To compare with the definition of Default Rate:
{{quote|“'''{{isdaprov|Default Rate}}'''” means a rate per annum equal to the cost (without proof or evidence of any actual cost) to the relevant payee (as certified by it) if it were to fund or of funding the relevant amount ''plus 1% per annum''. (emphasis added)}}
{{quote|“'''{{isdaprov|Default Rate}}'''” means a rate per annum equal to the cost (without proof or evidence of any actual cost) to the relevant payee (as certified by it) if it were to fund or of funding the relevant amount '''''plus 1% per annum'''''. ''[emphasis added]''}}

Revision as of 10:28, 2 October 2023

To compare with the definition of Default Rate:

Default Rate” means a rate per annum equal to the cost (without proof or evidence of any actual cost) to the relevant payee (as certified by it) if it were to fund or of funding the relevant amount plus 1% per annum. [emphasis added]