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Template:Credit support amount capsule: Difference between revisions
Template:Credit support amount capsule (view source)
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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 [[variation margin]]) there ''are'' no {{vmcsaprov|Independent Amount}}s. So it vanishes, in a puff of logic and existential redundancy. <br> | 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 [[variation margin]]) there ''are'' no {{vmcsaprov|Independent Amount}}s.<ref>Well, alright, ''should be'' no {{vmcsaprov|Independent Amount}}s. There is a custom-built addition in Paragraph {{vmcsaprov|11}} that lets you build them back in if you want to. And who, in their right chicken-lickeny mind, wouldn’t want to?</ref> So it vanishes, in a puff of logic and existential redundancy. <br> | ||