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Amwelladmin (talk | contribs) m (Text replace - "{{csaanatomy}}" to "{{anat|csa}}") |
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{{ | {{fullanat2|csa|Value1995|Value|2016}} | ||
{{Comm}} | |||
====Non eligible Credit Support as forming part of the Credit Support Balance==== | ====Non eligible Credit Support as forming part of the Credit Support Balance==== | ||
See also {{csaprov|Value (dispute resolution)}} as set out in Paragraph {{csaprov|11(e)(ii)}}. Note in particular that Credit Support which has been delivered but has subsequently fallen out of eligibililty criteria (and any non-eligible {{csaprov|Distributions}} and {{csaprov|Interest Amounts}} received in respect of {{csaprov|Eligible Credit Support}}) are part of the {{csaprov|Credit Support Balance}}, but are valued at zero. | See also {{csaprov|Value (dispute resolution)}} as set out in Paragraph {{csaprov|11(e)(ii)}}. Note in particular that Credit Support which has been delivered but has subsequently fallen out of eligibililty criteria (and any non-eligible {{csaprov|Distributions}} and {{csaprov|Interest Amounts}} received in respect of {{csaprov|Eligible Credit Support}}) are part of the {{csaprov|Credit Support Balance}}, but are valued at zero. | ||
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This is presumably to cater for the argument that a "bid price" is a percentage figure. But "base currency equivalent" already impliedly converts any percentage value into cash amount. And if the {{csaprov|Eligible Credit Support}} includes collateral other that debt instruments (e.g., equities), reference to a nominal amount muiltiplier is potentially confusing. | This is presumably to cater for the argument that a "bid price" is a percentage figure. But "base currency equivalent" already impliedly converts any percentage value into cash amount. And if the {{csaprov|Eligible Credit Support}} includes collateral other that debt instruments (e.g., equities), reference to a nominal amount muiltiplier is potentially confusing. | ||