Rounding - CSA Provision

CSA Anatomy™ In a Nutshell™ Section 11(b)(iii)(D): Template:Nutshell 1995 CSA 11(b)(iii)(D) view template 1995 ISDA CSA full text of Section 11(b)(iii)(D): 11(b)(iii)(D) Rounding. The Delivery Amount and the Return Amount will be rounded [down to the nearest integral multiple of ..../up and down to the nearest integral multiple of ...., respectively]. view template Related Agreements Click here for the text of Section 11(b)(iii)(D) in the 1995 English Law CSA Click here for the text of Section 11(b)(iii)(D) in the 2016 English Law VM CSA Click [[{{{3}}} - NY VM CSA Provision|here]] for the text of the equivalent, Section [[{{{3}}} - NY VM CSA Provision|{{{3}}}]] in the 2016 NY Law VM CSA Comparisons Template:Csadiff 11(b)(iii)(D) {{nycsadiff {{{3}}}}} Resources Full wikitext | Nutshell wikitext Navigation 1 (Interpretation) | 2 (Credit Support Obligations) | 3 (Transfers, Calculations and Exchanges) | 4 (Dispute Resolution) | 5 (Title Transfer etc) | 6 (Default) | 7 (Representation) | 8 (Expenses) | 9 (Miscellaneous) | 10 (Definitions) | 11 (Elections and Variables) Index: Click ᐅ to expand: 1995 CSA Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter. Posh version of this page

Once in a while, you happen across a term in the ISDA suite about which it is hard to get awfully excited. Rounding is one of them. It does what it says on the tin — without beating around the bush about it, which I suppose is something.