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{{g}}One of {{t|ISDA}}’s vaunted {{tag|netting}} categories. | {{a|g|[[File:Percy and Queenie.png|450px|center|thumb|A [[sovereign]], yesterday]]}}One of {{t|ISDA}}’s vaunted {{tag|netting}} categories. | ||
{{ | {{quote| | ||
{{sovereign}} | {{sovereign}} | ||
<small><small>''[[:template:sovereign|view template]]''</small></small> | <small><small>''[[:template:sovereign|view template]]''</small></small> | ||
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Also one who might claim [[sovereign immunity]], a status likely to get all your resident [[chicken licken]]s squawking and gabbling, though in the context of a daily margined [[master trading agreement]], less of a drama than it might seem. | Also one who might claim [[sovereign immunity]], a status likely to get all your resident [[chicken licken]]s squawking and gabbling, though in the context of a daily margined [[master trading agreement]], less of a drama than it might seem. | ||
Of course sovereigns are just the types to go " | Of course sovereigns are just the types to go "who’s queen?" and refuse to provide you with [[credit support]]. | ||
Or claim [[sovereign immunity]]; as to which there is more to say [[Waiver of immunities - ISDA Provision|elsewhere]]. | Or claim [[sovereign immunity]]; as to which there is more to say [[Waiver of immunities - ISDA Provision|elsewhere]]. | ||
{{sovereign immunity and closeout}} | |||
{{sa}} | {{sa}} | ||
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*[[close-out netting]] | *[[close-out netting]] | ||
*[[ISDA Anatomy]] | *[[ISDA Anatomy]] | ||
{{ref}} | |||
{{c| | {{c|Netting Categories}} |