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Bridged Agreement - ISDA Provision: Difference between revisions
Bridged Agreement - ISDA Provision (view source)
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{{fullanat|isdabridge|1(b)|2001}} | {{fullanat|isdabridge|1(b)|2001}} | ||
Now, if the purpose is to net across agreements, why would you have a ''single'' {{isdaprov|Bridged Agreement}}, you may ask. A bridge to nowhere? Perhaps the {{isdama}} is deemed to be an agreement — I honestly can’t summon the fortitude to have a look. It’s bound | Now, if the purpose is to [[Close-out netting|net]] across agreements, why would you have a ''single'' {{isdaprov|Bridged Agreement}}, you may ask. A bridge to nowhere? Perhaps the {{isdama}} is deemed to be an agreement — I honestly can’t summon the fortitude to have a look. It’s bound to be something devastatingly logical like that. | ||