Credit Support Default - ISDA Provision: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 1: Line 1:
{{isdaanat|5(a)(iii)}}
{{isdaanat|5(a)(iii)}}
Note the charming contingency thast ISDA allows that the counterparty might default under a credit assurance offered by someone else altogether.
Before you even put your hand up: no, the {{isdaprov|Credit Support Annex}} is ''not'' a {{isdaprov|Credit Support Document}}.