Template:2014 ISDA Credit Derivatives Definitions 3.4

Section 3.4 Package Observable Bond. “Package Observable Bond” means, in respect of a Reference Entity which is a Sovereign, any obligation (a) which is identified as such and published by ISDA on its website at www.isda.org from time to time (or any successor website thereto) or by a third party designated by ISDA on its website from time to time and (b) which fell within the definition of Deliverable Obligation set out in Section 3.2(a) or (b) (Deliverable Obligation), in each case, immediately preceding the date on which the relevant Asset Package Credit Event was legally effective.