The 2001 ISDA Cross-Agreement Bridge provides parties to an ISDA Master Agreement with the means of achieving cross-product netting. Parties are able, in certain circumstances, to terminate transactions documented under other industry-standard agreements and to incorporate the net close-out amounts calculated in respect of those transactions within the close-out provisions of their ISDA Master Agreement.

A Commentary to the 2001 ISDA Cross-Agreement Bridge is also provided. The Commentary analyzes the provisions of the 2001 ISDA Cross-Agreement Bridge and highlights some of the benefits of the approach.