Deutscher rahmenvertrag: Difference between revisions

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{{a|glossary|}}The ''[[deutscher rahmenvertrag]]''<ref>Not, ahhh, to be confused with the ''Deutscher Radfahrer-Verband'', the cycling unit of the sports office of a certain earlier German political regime.</ref> is the [[Germany|German]] {{tag|master agreement}}, also known as the “[[DRV]]” or just the plain old “[[rahmenvertrag]]” (literally “framework agreement”). It is published by [[Bundesverband deutscher Banken]] and comes in at least three varieties, all governed by {{tag|German law}}. I know very little about them, other than their names, and that they are used for swaps, repo and stock lending:
{{a|glossary|}}The ''[[deutscher rahmenvertrag]]'' is the [[Germany|German]] {{tag|master agreement}}, also known as the “[[DRV]]”<ref>Though careful: it is not to be confused with the ''Deutscher Radfahrer-Verband'', the cycling unit in the sports office of a certain, ahhh, earlier political regime in Germany.</ref> or just the plain old “[[rahmenvertrag]]” (literally “framework agreement”). It is published by [[Bundesverband deutscher Banken]] and comes in at least three varieties, all governed by {{tag|German law}}. I know very little about them, other than their names, and that they are used for swaps, repo and stock lending:


*[[Deutscher Rahmenvertrag für Finanztermingeschäfte]] ({{tag|Derivatives}} and {{tag|Futures}})
*[[Deutscher Rahmenvertrag für Finanztermingeschäfte]] ({{tag|Derivatives}} and {{tag|Futures}})

Revision as of 10:25, 11 November 2019

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


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The deutscher rahmenvertrag is the German master agreement, also known as the “DRV”[1] or just the plain old “rahmenvertrag” (literally “framework agreement”). It is published by Bundesverband deutscher Banken and comes in at least three varieties, all governed by German law. I know very little about them, other than their names, and that they are used for swaps, repo and stock lending:

The DRV has a collateral annex the Besicherungsanhang für Variation Margin which, charmingly, translates as “safety attachment”.

References

  1. ↑ Though careful: it is not to be confused with the Deutscher Radfahrer-Verband, the cycling unit in the sports office of a certain, ahhh, earlier political regime in Germany.
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