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Standard CSA

SCSA

The Standard Credit Support Annex (SCSA) seeks to standardize market practice regarding embedded optionality in current CSAs, promote the adoption of overnight index swap discounting for derivatives, and align the mechanics and economics of collateralization between the bilateral and cleared OTC derivative markets. Additionally, the SCSA seeks to create a homogeneous valuation framework, reducing current barriers to novation and valuation disputes.

 

DateTitle / DescriptionDocuments
May 17, 2012
Blended Rate for ISDA Standard CSA
Blended Rate for ISDA Standard Credit Support Annex 5.pdf
May 9, 2012
Rate Selection for ISDA Standard CSA
Rate Selection for ISDA Standard Credit Support Annex 6.pdf
January 20, 2012
Slide presentation about the SCSA
The Standard Credit Support Annex (SCSA or Standard CSA) seeks to standardize market practice regarding embedded optionality in current CSAs, promote the adoption of overnight index swap discounting for derivatives, and align the mechanics and economics of collateralization between the bilateral and cleared OTC derivative markets. Additionally, the SCSA seeks to create a homogeneous valuation framework, reducing current barriers to novation and valuation disputes. (This is an update of the original, dated November 2011.)
SCSA Media Slides 11 2 2011 (revised).pdf
November 3, 2011
Press release about the Standard CSA
Standard%20CSA%20Press%20Release%2011%203%202011[1].pdf