Designated Maturity - ISDA Definition: Difference between revisions

Designated Maturity - ISDA Definition (view source)

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 Yes, and I know what you’re thinking: that was worth missing the last train home for, wasn’t it.
-It relates to the calculation of interest periods which, in the {{isdadefs}}, are defined without reference to a particular duration: for example: “{{isdadefsprov|AUD-Swap Rate-Reuters}}”. To get your actual rate you need to apply a {{isdadefsprov|Designated Maturity}} — three months, or overnight, for example.
+It relates to the calculation of interest periods which, in the [[2006 ISDA Definitions]], are defined without reference to a particular duration: for example: “{{isdadefsprov|AUD-Swap Rate-Reuters}}”. To get your actual rate you need to apply a {{isdadefsprov|Designated Maturity}} — three months, or overnight, for example.
-Trying, I know. Well — not so much ''trying'' as [[Tedious|stupefyingly ''dull'']] — and since [[LIBOR]] is now going the way of all flesh, they’ll probably have to rip up and redo the {{eqdefs}} anyway. It would be fun to see the look on Linklaters’ faces if someone says, “hey let’s do the whole thing in [[FpML]]!”
+Trying, I know. Well — not so much ''trying'' as [[Tedious|stupefyingly ''dull'']] — and since [[LIBOR]] — cue the [[dramatic look gopher]] — is now going the way of all flesh, they’ll probably have to rip up and redo the {{eqdefs}} anyway. It would be fun to see the look on Linklaters’ faces if someone says, “hey let’s do the whole thing in [[FpML]]!”
 {{sa}}