Template:ISDA English Law Credit Support Annex 2016 11(g)
(Redirected from Template:ISDA English Law Credit Support Annex 2016 11(g)(iii))
11(g) Distributions and Interest Amount (VM)
- (i) Interest Rate (VM). The “Interest Rate (VM)” in relation to each Eligible Currency specified above will be.[1]
| Currency | Interest Rate (VM) | A/365 Currency |
|---|---|---|
| USD | Fed Funds | No |
| CAD | CORRA | Yes |
| EUR | EONIA | No |
| GBP | SONIA | Yes |
| JPY | TONAT | Yes |
| CHF | TOIS | No |
| NZD | NZDOND | Yes |
| AUD | RBA30 | Yes |
| SEK | STIBOR | No |
| DKK | DKKAMTNC | No |
| NOK | NOINL | No |
- (ii) Transfer of Interest Payment (VM) or application of Interest Amount (VM).
- Interest Transfer: [Applies/does not apply].
- Interest Payment Netting: [Applies/does not apply].
- Interest Adjustment: [Applies/does not apply].
- For the purposes of Paragraph 5(c)(ii)(B), the Credit Support Balance (VM) will be adjusted by the Transferee on or prior to the third Local Business Day of the following calendar month.
- Interest Transfer: [Applies/does not apply].
- (iii) Other Interest Elections.
- Negative Interest: [Applies/does not apply].
- Daily Interest Compounding: [Applies/does not apply].
- Negative Interest: [Applies/does not apply].
- (iv) Alternative to Interest Amount (VM). The provisions of Paragraph 5(c)(ii) will apply.
- ↑ This table is taken from the Exhibit to the ISDA 2016 Variation Margin Protocol and may be out of date now.