Downgrade termination costs

Downgrade termination costs

down-arrows

International Swaps and Derivatives Association agreements may contain additional termination event (ATE) clauses as part of section 5(b)(vi) of Isda (2002) (5(b)(v) in Isda, 1992), called ‘Events of default and termination events’. Typically, ratings-based (RB) ATE clauses give a counterparty the right to close out all derivatives contracts with a given financial institution (referred throughout as the bank) if the bank’s rating falls below a specified level above default, or, in some cases, is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: