Template:M summ 2002 ISDA Default Rate: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
(Created page with "Default interest is one of those perennial things in finance and is generally a rate higher than the implied funding rate for the period and person in question. You might...")
 
No edit summary
Tag: Manual revert
 
(4 intermediate revisions by the same user not shown)
Line 1: Line 1:
[[Default interest]] is one of those perennial things in finance and is generally a rate higher than the implied funding rate for the period and person in question. You might well ask — though one might, as the [[JC]] does, struggle heroically to not go there — whether an arbitrary loading on what ought to be a fair estimate of one’s actual carrying cost is not an unenforceable [[Penalty clause|penalty]], but hey, everyone does it.
[[Default Rate - ISDA Provision|Default]] interest is one of those perennial things in finance and is generally a rate higher than the implied funding rate for the period and person in question. You might well ask — though one might, as the [[JC]] does, struggle heroically to not go there — whether an arbitrary loading on what ought to be a fair estimate of one’s actual carrying cost is not an unenforceable [[Penalty clause|penalty]], but hey, everyone does it.

Latest revision as of 15:45, 30 July 2023

Default interest is one of those perennial things in finance and is generally a rate higher than the implied funding rate for the period and person in question. You might well ask — though one might, as the JC does, struggle heroically to not go there — whether an arbitrary loading on what ought to be a fair estimate of one’s actual carrying cost is not an unenforceable penalty, but hey, everyone does it.