of Credit Derivatives
Derivatives: Market Info and awareness
Our other sites:
Copyright: All materials on this site, unless otherwise specified, are sole intellectual property of Vinod Kothari and their reproduction in any form is a violation of copyright law.
Accreting obligations: Obligations that do not bear a periodical fixed or floating interest rate, for example, zero coupon bonds. ISDA definitions define an accreting obligation as “any obligation the terms of which expressly provide for an amount payable upon acceleration equal to the original issue price of the obligation plus an additional amount that will or may accrete.” Accreting obligations are deemed to satisfy the not contingent condition for deliverable obligations.