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1992 ISDA Master Agreement (Local Currency – Single Jurisdiction)
1992 ISDA Master Agreement (Local Currency – Single Jurisdiction)
This Agreement is used to document transactions between parties located in the same jurisdiction and transactions involving one currency. The Agreement is designed, among other things, to facilitate cross-product netting and may be used to document a wide variety of derivatives transactions. The 1992 Agreements were prepared to accommodate transactions that could be documented under the 1987 Agreements with their 1989 and 1990 Addenda. ISDA also prepared a User’s Guide to assist in the understanding and use of this document.
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