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- Derivatives
- ISDA documentation for OTC transactions
ISDA master agreements and schedules — key provisions
This guidance note summarises the key provisions which are applicable to both the 1992 ISDA Master Agreement and the 2002 ISDA Master Agreement and their related schedules. It also sets out the three key concepts the ISDA Master Agreement is based upon. They are:
- • a single agreement;
- • flawed asset (right to payment); and
- • close-out netting.
See ISDA master agreements and schedules — key provisions.
