1985 Code of Standard Wording, Assumptions and Provisions for Swaps

1985 Code of Standard Wording, Assumptions and Provisions for Swaps

This Code represents ISDA’s initial effort to standardize and simplify documentation for US dollar-denominated interest rate swaps. The Code covers subjects as diverse as compounding of floating amounts, default and termination events, standard representations, covenants and cross-border and tax-related matters.

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