Interest Amount - CSA Provision: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 2: Line 2:
*the (rather tedious) expression “... on the principal amount of the portion of the {{csaprov|Credit Support Balance}}” amount has been massaged to the slightly more elegant “...on the portion of the {{csaprov|Credit Support Balance}}”, although you’d have to say this is mostly likely to be a drafting error rather than some kind of late-life Damascene conversion in {{tag|ISDA}}'s part to the merits of {{tag|plain English}};  
*the (rather tedious) expression “... on the principal amount of the portion of the {{csaprov|Credit Support Balance}}” amount has been massaged to the slightly more elegant “...on the portion of the {{csaprov|Credit Support Balance}}”, although you’d have to say this is mostly likely to be a drafting error rather than some kind of late-life Damascene conversion in {{tag|ISDA}}'s part to the merits of {{tag|plain English}};  
*the last paragraph contemplates currencies other than [[sterling]] having an [[Act/365]] [[day count fraction]];
*the last paragraph contemplates currencies other than [[sterling]] having an [[Act/365]] [[day count fraction]];
*The [[negative interest rates]] guff.
*The {{csaprov|Negative Interest}} guff.