Page 95 - PRIAA Glossary

taxonomy can only be applied to OTC derivatives and does not cover exchange-traded products.
ISDA UNIFORM SETTLEMENT AGREEMENT (USA)
An agreement published by ISDA following a credit event that allows adhering parties to agree that a credit event notice and a notice of publicly available information are deemed to have been delivered in a correct and timely fashion on the notice date without requiring the actual delivery of such notices. The decision to sign up to the United States is separate and independent of the decision to sign up to any associated protocol.
ISOBUTANE (IC4)
A hydrocarbon component of natural gas liquids (NGLs) primarily used in the petrochemical industry, in gasoline or as an oil additive. Sometimes referred to as a field butane.
ISSUE PRICE
The price of a security at the time of original issue.
ISSUER
The government, corporation or investment entity that markets and sells securities for the purpose of raising capital or financing operations. The issuer is the name on the stock, bond, note or derivative.
ITRAXX INDICES
A family of credit derivative indices, where the underlying reference entities are a defined basket of European credits. The indices are highly liquid and traded using ISDA standard documentation to standard maturities. They are used by both buy-side and sell-side institutions for creating credit exposure as well as hedging. The underlying reference entities within each index are reassessed every six months, following dealer liquidity polls.
93
I