+Article 325ac 3.

Article 325ac 3.

Nth-to-default products shall be treated as tranched products with the following attachment and detachment points:

(a) 

attachment point = (N – 1) / Total Names;

(b) 

detachment point = N / Total Names;

where ‘Total Names’ shall be the total number of names in the underlying basket or pool.

1. Übersicht

,

1.1 Referenzen

1.2 Identifizierte Anforderungen

1.3 Zugehörige Standards

2. Identifizierte Anforderungen

Anforderungen

3. Zugehörige Standards

Standards