Business Day - 2021 ISDA Definition

From The Jolly Contrarian
Revision as of 14:50, 4 December 2023 by Amwelladmin (talk | contribs) (Created page with "{{isdadefsmanual|2.1.1}}")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
2021 ISDA Interest Rate Derivatives Definitions

A Jolly Contrarian owner’s manual™

2.1.1 in a Nutshell

The JC’s Nutshell summary of this term has moved uptown to the subscription-only ninja tier. For the cost of ½ a weekly 🍺 you can get it here. Sign up at Substack. You can even ask questions! Ask about it here.

2.1.1 in all its glory

Business Day. “Business Day” means:
(i) a day on which commercial banks and foreign exchange markets are open for general business (including settling payments and dealings in foreign exchange and foreign currency deposits) in the place(s) specified for that purpose in the Confirmation or in the 2021 Definitions; and
(ii) a day specified for that purpose in the Confirmation, which may be by reference to any of the defined purposes set out in Section 2.1.5 (TARGET Settlement Day) to Section 2.1.10 (Abu Dhabi Days) or otherwise; and
(iii) if place(s) and days, or such terms, are not specified, a Currency Business Day.

Resources and Navigation

Overview

edit

Template:M comp disc 2021 ISDA Definitions 2.1.1

Summary

edit

Template:M summ 2021 ISDA Definitions 2.1.1

Premium content

Template:2021 ISDA Definitions subscriber rider

See also

edit

Business Day in the 2006 ISDA Definitions

References