Template:Csa Interest Period comp

Revision as of 18:53, 18 January 2024 by Amwelladmin (talk | contribs) (Created page with "Some development from the {{csaprov|OG}} to the {{2016csa}} that came about when {{icds}}, bless them, contrived in Para {{vmcsaprov|5(c)(ii)}} to design an option no-one in their right mind would have wanted, namely to choose between {{vmcsaprov|Interest Transfer}} — in which you can have interest that accrues on your Credit Support Balances periodically paid to you — or {{vmcsaprov|Interest Amount}}, in which interest accruals are added to the {{vmcsaprov|Credit Su...")
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Some development from the OG to the 2016 VM CSA that came about when ISDA’s crack drafting squad™, bless them, contrived in Para 5(c)(ii) to design an option no-one in their right mind would have wanted, namely to choose between Interest Transfer — in which you can have interest that accrues on your Credit Support Balances periodically paid to you — or Interest Amount, in which interest accruals are added to the Credit Support Balance, effectively folding all that into the weft and warp of daily transfers that you will be making anyway.