YEREVAN, December 3, /ARKA/. The European Bank for Reconstruction and Development (EBRD) and Amundi-ACBA Asset Management  are joining forces to facilitate access to local currency funding and strengthen the local capital market in Armenia.

The parties signed a 2002 ISDA® Master Agreement, published by the International Swaps and Derivatives Association (ISDA®), including a 1995 Credit Support Annex thereto which allows them to engage in over the counter currency swap transactions in the future. The 2002 ISDA® Master Agreement serves as a framework setting out the legal and credit terms for the parties that apply to all derivatives transactions that those parties will enter into in the future. The1995 Credit Support Annex sets out the terms of the collateralisation of such derivatives transactions between the same parties.

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on EBRD and Amundi ACBA Asset Management sign derivatives master agreement

Tags: AGREEMENT, Amundi ACBA, EBRD

Read more