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Cross Default - ISDA Provision: Difference between revisions
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===Credit Support Annex=== | ===Credit Support Annex=== | ||
There are other ways of mitigating credit exposure (such as a zero threshold {{csa}}). If a Counterparty's positive [[mark-to-market|exposure]] to {{Bank}} will be fully collateralised on a daily basis, meaning its overall exposure to | There are other ways of mitigating credit exposure (such as a zero threshold {{csa}}). If a Counterparty's positive [[mark-to-market|exposure]] to {{Bank}} will be fully collateralised on a daily basis, meaning its overall exposure to {{Bank}} at any time will be intra-day movement in the net derivatives positions (a failure to post collateral itself is grounds for immediate termination). | ||
===Contagion risk=== | ===Contagion risk=== | ||