Isda publishes 2002 Master Agreement

NEWS

NEW YORK -- In early January, the International Swaps and Derivatives Association (Isda) announced the publication of the 2002 Isda Master Agreement. The agreement updates a number of provisions in the documentation, which was last revised in 1992.

More than 90% of derivatives transactions completed globally use the Isda Master Agreement documentation. Originally published in 1987, it has established important international contractual standards in derivatives trades, significantly reducing both

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