Document ID: chunk:federal_register_of_legislation:F2024C01137:reg:89
Version: federal_register_of_legislation:F2024C01137
Segment Type: reg
Provision Reference: reg 89
Character Range: 233132–234577

89                                                                         CDS index attachment point                       If applicable, the defined lower point at which the level of losses:                                                                                                                                                                                                                                                                                                                                                                     A number of not more than 11 numerals, with no more than 10 numerals after the decimal point.                                                                             Any value between 0 and 1 (including 0 and 1) and which is less than the value reported for CDS index detachment point (item 90 below).
                                                                                                                               1.      in the underlying portfolio of the CDS index;
                                                                                                                               2.      that is the underlier of the OTC Derivative the subject of the Reportable Transaction;
                                                                                                                               3.      reduces the notional of a tranche of the CDS index.