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| {{csasnap|Value}} | | {{Manual|MCAE|1995|Value|Paragraph|Value|medium}} |
| ===Commentary===
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| ====Non eligible Credit Support as forming part of the Credit Support Balance====
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| See also {{csaprov|Value (dispute resolution)}} as set out in Paragraph {{csaprov|11(e)(ii)}}. Note in particular that Credit Support which has been delivered but has subsequently fallen out of eligibililty criteria (and any non-eligible {{csaprov|Distributions}} and {{csaprov|Interest Amounts}} received in respect of {{csaprov|Eligible Credit Support}}) are part of the {{csaprov|Credit Support Balance}}, but are valued at zero.
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| ===="Base Currency Equivalent of Bid Price"====
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| It is not unknown to amend limb (ii) to include "the {{csaprov|Base Currency Equivalent}} of the bid price obtained by the {{csaprov|Valuation Agent}} ''multiplied by the nominal amount of such security''".
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| This is presumably to cater for the argument that a "bid price" is a percentage figure. But "base currency equivalent" already impliedly converts any percentage value into cash amount. And if the {{csaprov|Eligible Credit Support}} includes collateral other that debt instruments (e.g., equities), reference to a nominal amount muiltiplier is potentially confusing.
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| {{csaanatomy}}
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