Credit Support Amount (VM/IA) - VM CSA Provision: Difference between revisions
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*{{csaprov|Credit Support | *{{csaprov|Credit Support Amount}} ({{1995csa}}) |
Revision as of 05:47, 28 December 2019
Whoops! There is no such term in the 2016 VM CSA. This provision was in the 1995 CSA but it didn’t make the cut.
BUT the concept has been introduced via the back door in the paragraph 11 elections, if you are using the elegantly entitled 2014 Credit Support Annex for Variation Margin (VM) and Independent Amounts (IA), where it is defined as a Credit Support Amount (VM/IA) as is set out on the right.
Note: Still no room for the poor, unloved Threshold.