Option C | 4!n | (Year) |
Conditional (see rule C2) in mandatory sequence A
This field specifies the year of the version of the ISDA Terms and Definitions applicable to the MT 340 Forward Rate Agreement Confirmation.
This field contains the identification of a Year expressed as YYYY. This field must be used and understood as follows:
Year contains the value 1991: "The definitions and provisions contained in the 1991 ISDA Definitions (as published by the International Swaps and Derivatives Association, Inc.) (the "Definitions") are incorporated into this Confirmation".
Year contains the value 1998: "The definitions and provisions contained in the 1991 ISDA Definitions (as supplemented by the 1998 Supplement and as further amended and supplemented by the 1998 ISDA Euro Definitions), as published by the International Swaps and Derivatives Association, Inc., are incorporated into this Confirmation".
Year contains the value 2000: "The definitions and provisions contained in the 2000 ISDA Definitions (as published by the International Swaps and Derivatives Association, Inc.) (the "Definitions") are incorporated into this Confirmation".
Year contains the value 2006: "The definitions and provisions contained in the 2006 ISDA Definitions (as published by the International Swap and Derivatives Association, Inc.) (the "Definitions") are incorporated into this Confirmation". Differences with the previous versions are specified under field 14D Day Count Fraction