Distributions and Interest Amount - CSA Provision: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 5: Line 5:
{{csaquote|{{ISDA English Law Credit Support Annex 2016 11(g)}}|11(g)|2016}}
{{csaquote|{{ISDA English Law Credit Support Annex 2016 11(g)}}|11(g)|2016}}
}}
}}
From the [[I'm sorry I asked]] {{isia}} file. It used to be so simple, until the 2016 VM CSA came along and started confusing everything with all this talk of {{csaprov|Interest Adjustment}}s versus {{csaprov|Interest Payment}}s.
From the {{isia}} file. It used to be so simple, until the 2016 VM CSA came along and started confusing everything with all this talk of {{csaprov|Interest Adjustment}}s versus {{csaprov|Interest Payment}}s.


Note that the {{csaprov|Distributions}} provision of Paragraph {{csaprov|5(c)(i)}} of the {{1995csa}} is self-contained and does not require any adjustment in Paragraph {{csaprov|11}}, and the reference to "Distributions" in the heading of Paragraph {{csaprov|11(f)}} simply reflects the heading of Paragraph {{csaprov|5(c)}}, and does not imply you need to add anything.
Note that the {{csaprov|Distributions}} provision of Paragraph {{csaprov|5(c)(i)}} of the {{1995csa}} is self-contained and does not require any adjustment in Paragraph {{csaprov|11}}, and the reference to "Distributions" in the heading of Paragraph {{csaprov|11(f)}} simply reflects the heading of Paragraph {{csaprov|5(c)}}, and does not imply you need to add anything.