Template:Isda 5(a)(i) comp

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Revision as of 15:15, 24 December 2023 by Amwelladmin (talk | contribs) (Created page with "The significant change between {{1992ma}} and {{2002ma}} is the restriction of that grace period from ''three'' {{{{{1}}}|Local Business Day}}s to ''one''. And a bit of convolutional frippery in introducing {{{{{1}}}|Local Delivery Day}}s as well. Compare also {{cddprov| Failure to Pay}} under the {{cddefs}}, which is subtly different given the different purpose that it plays under a CDS.")
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The significant change between 1992 ISDA and 2002 ISDA is the restriction of that grace period from three {{{{{1}}}|Local Business Day}}s to one. And a bit of convolutional frippery in introducing {{{{{1}}}|Local Delivery Day}}s as well.

Compare also Failure to Pay under the 2014 ISDA Credit Derivatives Definitions, which is subtly different given the different purpose that it plays under a CDS.