Credit derivatives standard rule since 'Big Bang' changes in 2009.
Credit derivatives standard rule since December 20th, 2015.
Forward from effective date to termination date.
Same as TwentiethIMM with unrestricted date ends and log/short stub coupon period (old CDS convention).
All dates but effective date and termination date are taken to be on the third wednesday of their month (with forward calculation.)
All dates but the effective date are taken to be the twentieth of their month (used for CDS schedules in emerging markets.) The termination date is also modified.
All dates but the effective date are taken to be the twentieth of an IMM month (used for CDS schedules.) The termination date is also modified.
No intermediate dates between effective date and termination date.
Backward from termination date to effective date.