subordinate basket default swaps

07:05 Jun 30, 2015
This question was closed without grading. Reason: No acceptable answer

English to Persian (Farsi) translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: subordinate basket default swaps
The mechanics of a subordinate basket default swap are then as follows:

■ Should there be a default for the first reference entity, there is a $6 million payout.
■ The remaining amount that can be paid out on any subsequent defaults for the other four reference entities is $9 million.
■ Should there be a default for the second reference entity of $10 million, only $9 million will be paid out.
■ The swap terminates.
Maryam Kamal (X)
Iran
Local time: 00:43


Summary of answers provided
5 +1سبد مبادله های پیش فرض مادون / فرعی / پایینتر
Jaber Haghighi
3تاخت/معاوضه نکول سبد تبعی
Saifollah Mollaei


Discussion entries: 1





  

Answers


39 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
سبد مبادله های پیش فرض مادون / فرعی / پایینتر


Explanation:
سبد مبادله های پیش فرض مادون / فرعی / پایینتر

Jaber Haghighi
Iran
Local time: 00:43
Works in field
Native speaker of: Native in Persian (Farsi)Persian (Farsi)

Peer comments on this answer (and responses from the answerer)
agree  Zoe Fardad: I agree!
12 hrs
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42 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
تاخت/معاوضه نکول سبد تبعی


Explanation:


Saifollah Mollaei
Iran
Local time: 00:43
Specializes in field
Native speaker of: Native in Persian (Farsi)Persian (Farsi)
PRO pts in category: 16
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