Standard Reference Obligation - Credit Derivatives Provision
2014 ISDA Credit Derivatives Definitions
Section 2.6 in a Nutshell™
Use at your own risk, campers!
Full text of Section 2.6
Content and comparisons
You can just see ISDA’s crack drafting squad™ just disappearing deep into the forest like a child with a bag full of breadcrumbs, can’t you. Will they get out alive? Will we ever see them again? We find ourselves harking for a jolly woodsman to come to the rescue and hack all this Russian-doll definitionery down to size.