Standard Terms Supplement and Confirmation for Nth to Default Transactions

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The Standard Terms Supplement and Confirmation for Nth to Default Transactions are designed for Nth to Default transactions referencing bespoke baskets of CDS Reference Entities. The documents provide for Settlement Terms when the “Nth” Reference Entity in the basket is subject to an Event Determination Date and set forth the mechanics for substituting a Reference Entity name or names in the event that a Succession Event or Seller Merger Event occurs.

International Swaps and Derivatives Association

Standard Terms Supplement and Confirmation for Nth to Default Transactions

Standard Terms Supplement and Confirmation for Nth to Default Transactions

Free downloads for Standard Terms Supplement and Confirmation for Nth to Default Transactions (6)

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