| referenceEntity | LegalEntity | The corporate or sovereign entity on which you are buying or selling protection and
any successor that assumes all or substantially all of its contractual and other obligations.
It is vital to use the correct legal name of the entity and to be careful not to choose
a subsidiary if you really want to trade protection on a parent company. Please note,
Reference Entities cannot be senior or subordinated. It is the obligations of the
Reference Entities that can be senior or subordinated. ISDA 2003 Term: Reference Entity.
| Reference entity. | Code of the Reference Entity. | 1-1,
mre | |
| Choice begin |
| Branch1 |
| referenceObligation | ReferenceObligation | The Reference Obligation is a financial instrument that is either issued or guaranteed
by the reference entity. It serves to clarify the precise reference entity protection
is being offered upon, and its legal position with regard to other related firms (parents/subsidiaries).
Furthermore the Reference Obligation is ALWAYS deliverable and establishes the Pari
Passu ranking (as the deliverable bonds must rank equal to the reference obligation).
ISDA 2003 Term: Reference Obligation.
| Reference obligation. | Code of the Reference Obligations. | 1-∞,
mre | |
| Branch2 |
| noReferenceObligation | xsd:boolean | Used to indicate that there is no Reference Obligation associated with this Credit
Default Swap and that there will never be one.
| No reference obligation. | | 1-1,
mre,
mfr | |
| Branch3 |
| unknownReferenceObligation | xsd:boolean | Used to indicate that the Reference obligation associated with the Credit Default
Swap is currently not known. This is not valid for Legal Confirmation purposes, but
is valid for earlier stages in the trade life cycle (e.g. Broker Confirmation).
| Unknown reference obligation. | | 1-1,
ncf | This is not used in messages to the repository. |
| Choice end |
| allGuarantees | xsd:boolean | Indicates whether an obligation of the Reference Entity, guaranteed by the Reference
Entity on behalf of a non-Affiliate, is to be considered an Obligation for the purpose
of the transaction. It will be considered an obligation if allGuarantees is applicable
(true) and not if allGuarantees is inapplicable (false). ISDA 2003 Term: All Guarantees.
| All guarantees. | | 0-1,
ncf | |
| referencePrice | xsd:decimal | Used to determine (a) for physically settled trades, the Physical Settlement Amount,
which equals the Floating Rate Payer Calculation Amount times the Reference Price
and (b) for cash settled trades, the Cash Settlement Amount, which equals the greater
of (i) the difference between the Reference Price and the Final Price and (ii) zero.
ISDA 2003 Term: Reference Price.
| Reference price. | | 0-1,
ncf | |
| referencePolicy | xsd:boolean | Applicable to the transactions on mortgage-backed security, which can make use of
a reference policy. Presence of the element with value set to 'true' indicates that
the reference policy is applicable; absence implies that it is not.
| Reference policy. | | 0-1,
ncf | At the first stage this element is not used in the repository messages. |
| securedList | xsd:boolean | With respect to any day, the list of Syndicated Secured Obligations of the Designated
Priority of the Reference Entity published by Markit Group Limited or any successor
thereto appointed by the Specified Dealers (the "Secured List Publisher") on or most
recently before such day, which list is currently available at [http://www.markit.com].
ISDA 2003 Term: Relevant Secured List.
| Syndicated Secured Obligations list. | | 0-1,
ncf | At the first stage this element is not used in the repository messages. |