EBA NPL.Loan.Current Reversion Interest Rate

From Open Risk Manual

Definition of Loan / Current Reversion Interest Rate

Loan.Current Reversion Interest Rate: Current level of reversion interest rate according to the Loan Agreement and applicable as at NPL Portfolio Cut-Off Date, reversion means that after the interest fixed period the Institution would revert the rate to a different type, e.g. the Institution's Standard Variable Rate

  • EBA Field Index 7.042
  • Documentation Entry 164

Description

"Current Reversion Interest Rate" is the current level of the reversion interest rate according to the Loan Agreement that is effective as at the NPL Portfolio Cut-Off Date Reversion means that after the interest fixed period the Institution would revert the rate to a different type, LIBOR or EURIBOR plus a margin, or Standard Variable Rate.

Field Characteristics

The field type is a Percentage.


The field's importance for the Loan Tape is Critical.

The field belongs to the EBA NPL Loan Table.

The field applies to all of the 7 EBA NPL Asset Classes.

The field is applicable to all borrower types.

The field is Not Confidential

Disclaimer

  • This text is generated automatically. Do not edit manually!
  • This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions