(Difference between pages)
imported>Doug Williamson |
imported>Administrator |
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| A commonly used standardised contract between counterparties trading OTC derivatives.
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| :<span style="color:#4B0082">'''''ISDA Master Agreements'''''</span>
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| : "The ISDA master agreements set out standard terms and conditions applicable to parties’ transactions, together with a schedule.
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| :The schedule gives the parties the ability to adjust the master agreement to their requirements by completing blanks, selecting alternative operative provisions and amending the master agreement where appropriate."
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| :<span style="color:#4B0082">'''''Escrow provisions in ISDA arrangements'''''</span>
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| :"... extra provision required by the parties... may include:
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| :escrow provisions to address potential problems arising from time differences between the places to which each party makes payments (i.e. one party could make a payment at the time it is obliged to do so in the relevant time zone but then fail to receive payment due to it from the other party); in this situation provision can be made for a third party to hold payments “in escrow” and only release a payment when it has received the corresponding payment from the other party."
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| :''The Treasurer's Wiki - Derivatives documentation''
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| | A bond that is relatively safe, having a high bond rating. |
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| == See also == | | == See also == |
| * [[Collateral]] | | * [[Bond]] |
| * [[Credit support annex]] (CSA)
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| * [[Derivative]]
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| * [[Derivative instrument]]
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| * [[Derivatives documentation]]
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| * [[GMRA]]
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| * [[International Swaps and Derivatives Association]] (ISDA)
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| * [[MNA]]
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| * [[OTC]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Financial_products_and_markets]]
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Revision as of 14:19, 23 October 2012
A bond that is relatively safe, having a high bond rating.
See also
