CDS Fee Payment Commitment

From Open Risk Manual

Definition

CDS Fee Payment Commitment. The commitment in a Credit Default Swap, to pay the fee or fees for the credit protection.

This is embodied in a Fee Leg.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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