QuoteOriginally posted by: ronmI do have... however from counterparty credit exposure perspective no cash flow is happening before 1 year to me. Then how will be the likelihood to default? To me, default from counterparty will happen after 1 year and if I am in the money.Am I missing something?Counterparty can default on other obligations they have. Also, you want to estimate you Potential Future Exposure.
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