Rounding - CSA Provision

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CSA Anatomy™


11(b)(iii)(D) Rounding. The Delivery Amount and the Return Amount will be rounded [down to the nearest integral multiple of ..../up and down to the nearest integral multiple of ...., respectively].

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Template:ISDA English Law Credit Support Annex 2016 11(c)(iii)(D)
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Once in a while you happen across a term in the ISDA suite about which it is hard to get awfully excited. Rounding is one of them. It does what it says on the tin — without beating around the bush about it, which I suppose is something.