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Template:Csa Transfer of Title summ: Difference between revisions
→Distributions and Interest Amount
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====Distributions and Interest Amount==== | ====Distributions and Interest Amount==== | ||
It used to be so simple, until the {{vmcsa}} came along and started confusing everything with all this talk of {{vmcsaprov|Interest Adjustment}}s versus {{vmcsaprov|Interest Payment}}s. | It used to be so simple, until the {{vmcsa}} came along and started confusing everything with all this talk of {{vmcsaprov|Interest Adjustment}}s versus {{vmcsaprov|Interest Payment}}s. | ||
This part simply requires the holder of credit support to manufacture income back to the poster of credit support — as long as doing so wouldn’t create in itself trigger a further {{csaprov|Delivery Amount}} by the {{csaprov|Transferor}} — thus precipitating a (short) game of operational ping-pong between the two parties’ back office teams. | This part simply requires the holder of credit support to manufacture income back to the poster of credit support — as long as doing so wouldn’t create in itself trigger a further {{csaprov|Delivery Amount}} by the {{csaprov|Transferor}} — thus precipitating a (short) game of operational ping-pong between the two parties’ back office teams. | ||