Template:Csa Interest Payment summ: Difference between revisions

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=====Interest Amounts under the 2016 VM CSA=====
=====Interest Amounts under the 2016 VM CSA=====
But in the {{vmcsa}} things get a little more complex. There follows an excruciating torture session for innocent and well-loved members of her majesty’s vocabulary, and all to get across a simple point.  In the nutshell to the right I have tried to simplify the drafting but I am a bit jet-lagged and it is testing even my patience. But know this: {{vmcsaprov|Interest Payment}} is a fiddly, time-and resource-consuming pain which will inevitably lead to error, confusion and name-calling. {{vmcsaprov|Interest Adjustment}} — just adding accrued interest to your {{vmcsaprov|Credit Support Balance}} — is far simpler and more elegant: none of this Kafkaesque complexity for netting and offsetting individual payments. It all comes out in the wash.
But in the {{vmcsa}} things get a little more complex. There follows an excruciating torture session for innocent and well-loved members of Her Majesty’s vocabulary, and all to get across a simple point.  In the {{premium}} nutshell JC has tried to simplify the drafting but I am a bit jet-lagged and it is testing even my patience. But know this: {{vmcsaprov|Interest Payment}} is a fiddly, time-and resource-consuming pain which will inevitably lead to error, confusion and name-calling. {{vmcsaprov|Interest Adjustment}} — just adding accrued interest to your {{vmcsaprov|Credit Support Balance}} — is far simpler and more elegant: none of this Kafkaesque complexity for netting and offsetting individual payments. It all comes out in the wash.
====When you might want Interest Payment====
====When you might want Interest Payment=====
Now there ''is'' a “use-case” for the Interest Payment method — it’s pretty niche, though — which we will talk about over at the premium JC.
Now there ''is'' a “use-case” for the Interest Payment method — it’s pretty niche, though — which we will talk about over at the premium JC.