Index — Click the ᐅ to expand:
|
|
The deutscher rahmenvertrag is the German master agreement, also known as the “DRV”[1] or just the plain old “rahmenvertrag” (literally “framework agreement”). It is published by Bundesverband deutscher Banken and comes in at least three varieties, all governed by German law. I know very little about them, other than their names, and that they are used for swaps, repo and stock lending:
The DRV has a collateral annex the Besicherungsanhang für Variation Margin which, charmingly, translates as “safety attachment”.
References
- ↑ Though careful: it is not to be confused with the Deutscher Radfahrer-Verband, the cycling unit in the sports office of a certain, ahhh, earlier political regime in Germany.