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International Swap Dealers Association |
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International Swap Dealers Association (ISDA) Formed in 1985 to promote uniform practices in the writing, trading, and settlement of swaps and other derivatives. |
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Standard & Poor's--In response to requests from members of International Swap Dealers Association (ISDA), Standard & Poor's Ratings Services today confirmed that the Termination Event found in Section 5(b)(iii) of the 2002 ISDA Master Agreement, Tax Event, is a termination event consistent with the security rating for both the security issuer and swap counterparty for swap agreements found in structured finance transactions. |
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International Swap Dealers Association
