Master Receivables Transfer Agreement

From Open Risk Manual

Definition

The Issuer Swap Counterparty is an entity with which the Issuer initiates a Issuer Swap Agreement (potentially more). Also denoted Issuer Hedging Counterparty as these swaps are typically hedging interest rate risk or foreign exchange risk

Details

The financial aspects of the relationship of the Swap Counterparty with the Issuer, including the precise contingent cash flows contracted under the swap are laid out in the Issuer Swap Agreement.

Variations

None

Issues and Challenges

None

See Also

None

Disclaimer

  • This information is provided as is without any representation of correctness, completeness or suitability for any purpose whatsoever. Refer to actual securitisation prospectuses for the definitive terms applicable in each case
  • Definitions, detailed descriptions and other content may change at any time as further examples or relevant aspects are introduced

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