Template:Csa Interest Amount summ: Difference between revisions

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(Created page with "{{subst:Interest adjustment and interest transfer}}")
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One might query whether “{{csaprov|Daily Interest Compounding}}” should apply.  
One might query whether “{{{{{1}}}|Daily Interest Compounding}}” should apply.  


Interest compounds anyway at the end of each specified interest period (because it is paid out or added to the {{csaprov|Credit Support Balance (VM)}}, depending on which election you made at {{csaprov|11(g)(ii)}}. If that period is “daily” then there's nothing really to be gained by {{csaprov|Daily Interest Compounding}}. If the {{csaprov|Interest Period}} is longer than that, there may be — but in the present environment (which, as those of you who lived through the Weimar Republic<ref>NONE of you lived through the Weimar Republic, by the way.</ref> may recall, CAN MOST DEFINITELY CHANGE) — the thought of daily compounding 1/365th of the ''bugger all'' interest you're getting paid anywaymight seem like a fight it’s not worth dying in a [[ditch]] about<ref>Be assured, though - your [[Mediocre lawyer|lawyers]] will disagree.</ref>.
Interest compounds anyway at the end of each specified interest period (because it is paid out or added to the {{{{{1}}}|Credit Support Balance (VM)}}, depending on which election you made at {{csaprov|11(g)(ii)}}. If that period is “daily” then there's nothing really to be gained by {{csaprov|Daily Interest Compounding}}. If the {{csaprov|Interest Period}} is longer than that, there may be — but in the present environment (which, as those of you who lived through the Weimar Republic<ref>NONE of you lived through the Weimar Republic, by the way.</ref> may recall, CAN MOST DEFINITELY CHANGE) — the thought of daily compounding 1/365th of the ''bugger all'' interest you're getting paid anyway might seem like a fight it’s not worth dying in a [[ditch]] about<ref>Be assured, though - your [[Mediocre lawyer|lawyers]] will disagree.</ref>.
 
{{sa}}
*{{csaprov|Interest Amount (VM)}}
*{{csaprov|Interest Payment (VM)}}
*{{csaprov|Interest Adjustment}} (paragraph {{csaprov|5(c)(ii)(A)}})
*{{csaprov|Interest Transfer}} (paragraph {{csaprov|5(c)(ii)(B)}})
*{{csaprov|Daily Interest Compounding}}
*{{csaprov|11(g)(ii)}}
{{ref}}