Close-out Amount - ISDA Provision: Difference between revisions

Close-out Amount - ISDA Provision (view source)

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-==Commentary==
+Close-out amount as a concept was introduced in the {{2002ma}} and doesn't exist under the {{1992ma}}. Instead, terminated transactions are determined according to {{isdaprov|Market Quotation}} or {{isdaprov|Loss}}. <br />
-Close-out amount as a concept was introduced in the {{2002ma}} and doesn't exist under the {{1992ma}}. Instead, terminated transactions are determined according to {{isdaprov|Market Quotation}} or {{isdaprov|Loss}}. There are some local variations which are worth bearing in mind:
+{{isdacomparison}} <br />
-Close-out amount concept doesn't exist under the [[1992 ISDA Master]]. Instead, terminated transactions are determined according to {{isdaprov|Market Quotation}} or {{isdaprov|Loss}}.
+There are some local variations which are worth bearing in mind:
-{{isdacomparison}}
 ===Close-out amount and Italian counterparties===
 See for more detail, here: [[Close-out Amount - ISDA Provision/Italian counterparties|Italian counterparties]]