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Template:Deliveryandreturnamounts: Difference between revisions
Template:Deliveryandreturnamounts (view source)
Revision as of 18:35, 30 November 2016
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Amwelladmin (talk | contribs) (Created page with "===Calculating {{csaprov|Delivery Amount}}s and {{csaprov|Return Amount}}s=== ====Delivery Amounts==== *'''First''': work out your '''{{csaprov|Credit Support Amount}}'''. Thi...") |
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====Delivery Amounts==== | ====Delivery Amounts==== | ||
*'''First''': work out your '''{{csaprov|Credit Support Amount}}'''. This is: | *'''First''': work out your '''{{csaprov|Credit Support Amount}}'''. This is: | ||
''{{csaprov|Transferee}}’s {{csaprov|Exposure}} + Net {{csaprov|Independent Amount}}s (IF ANY)<ref>In the {{2016csa}} there really shouldn't be {{tag|IA}} as it kind of defeats the regulatory goal of marking actual exposures to market, but there may be, since ISDA caved and retrofitted the CSA with a an Independent Amount section</ref>'' | |||
*'''Second''': calculate the {{csaprov|Value}} of the {{csaprov|Transferor}}’s {{csaprov|Credit Support Balance}}. This is basically the prevailing value of the {{csaprov|Eligible Credit Support}} (and income on it) that the {{csaprov|Transferor}} has ponied up at that time. | *'''Second''': calculate the {{csaprov|Value}} of the {{csaprov|Transferor}}’s {{csaprov|Credit Support Balance}}. This is basically the prevailing value of the {{csaprov|Eligible Credit Support}} (and income on it) that the {{csaprov|Transferor}} has ponied up at that time. | ||
*'''Third''': Deduct the {{csaprov|Credit Support Balance}} from the {{csaprov|Credit Support Amount}}. If the difference: | *'''Third''': Deduct the {{csaprov|Credit Support Balance}} from the {{csaprov|Credit Support Amount}}. If the difference: | ||