Variation Margin
Transfers collateral reflecting current mark-to-market changes according to the applicable margin framework.
Market use
Helps manage current counterparty exposure.
What it means
Transfers collateral reflecting current mark-to-market changes according to the applicable margin framework.
Example
A losing position may owe variation margin as market value moves.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.