1997 ISDA Short Form Bullion Definitions

The 1997 ISDA Short Form Bullion Definitions are intended for use in confirmations of individual transactions governed by agreements such as the 1992 ISDA Master Agreements. These Definitions were extracted from the 1997 ISDA Bullion Definitions to meet the needs of certain market participants who desired a short form set of Definitions covering only physically settled (on an unallocated basis) bullion spot and forward trades and options. Bullion, as used in these Definitions, means each of gold, silver, platinum and palladium.

(Parties may also refer to Sub-Annex B of the 2005 ISDA Commodity Definitions)

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