Credit Support Amount - CSA Provision: Difference between revisions

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====No equivalent in the {{2016csa}}====
====No equivalent in the {{2016csa}}====
Careful observers will have noticed there isn't such a concept in the {{2016csa}}. This is because the {{csaprov|Credit Support Amount}} is no more than a given party’s {{csaprov|Exposure}} — as already defined in the {{tag|CSA}} — together with any pertinent {{csaprov|Independent Amount}}s and similar amounts. Of course, under the {{2016csa}} (being concerned only with {{csaprov|Variation Margin}}) there ''are'' no {{csaprov|Independent Amount}}s. So it vanishes, in a puff of logic and existential redundancy.
Careful observers will have noticed there isn't such a concept in the {{2016csa}}. This is because the {{csaprov|Credit Support Amount}} is no more than a given party’s {{csaprov|Exposure}} — as already defined in the {{tag|CSA}} — together with any pertinent {{csaprov|Independent Amount}}s and similar amounts. Of course, under the {{2016csa}} (being concerned only with {{csaprov|Variation Margin}}) there ''are'' no {{csaprov|Independent Amount}}s. So it vanishes, in a puff of logic and existential redundancy.
{{CreditSupportAmountCalculation}}
{{CreditSupportAmountCalculation}}
{{ISDA transaction and collateral flows}}
{{ref}}

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