The ISDA master agreement refers to the most popular master contract used for over the counter (off-exchange) derivative transactions on an international level published by the International Swaps and Derivatives Association. A master document means a contract between two parties which is used to lay down the terms and conditions applicable to all the transactions to be completed by them. Whenever a new transaction is entered, the master agreement need not be changed again and again and is automatically applicable.
Through this agreement, which is part of a list of documents related to this field, one can record over the counter derivatives in a complete and flexible manner. The list of documents of which the agreement is a part of, consists of a master agreement, schedule, list of definitions, credit support information, confirmation etc. Although the ISDA master agreement is long and its creation is tedious, once it is signed a lot of time is saved in updating future transactions.
You can Download the Free ISDA Master Agreement customize it according to your needs and Print. ISDA Master Agreement is either in MS Word, Excel or in PDF.
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