Template:Emissions Cost of Carry Amount summ

Ok the concept is this.

(i) you have your accrual rate over the period in question. This is, in all three formats, called the “{{{{{1}}}|Cost of Carry Rate}}”.

(ii) you have the accrual period over which the {{{{{1}}}|Cost of Carry Rate}} is applied. This is called, in the ISDA, the Cost of Carry Delay but in the EFET and the IETA is called the {{{{{1}}}|Cost of Carry Calculation Period}}.

(iii) you have the quantity of affected Allowances, being in ISDA the Number of Allowances delivered by the Delayed Delivery Date, in EFET being the Number of Transferred Allowances and in IETA being the number of Period Traded Allowances Transferred;

(iv) you have your strike price for the {{{{{1}}}|Allowances}}: ISDA it is the Allowance Forward Price or (in for options) Allowance Strike Price, in the EFET it is the Contract Price and in the IETA is it the Allowance Price.

The Cost of Carry Amount is calculated according to the following formulae, which we really hope amount to the same thing, but let’s see:
ISDA:
EFET:
IETA: