EBA NPL.Loan.Description of Bespoke Repayment
Contents
Definition of Loan / Description of Bespoke Repayment
Loan.Description of Bespoke Repayment: Description of the bespoke repayment profile when "Bespoke Repayment" is selected in field "Amortisation Type"
- EBA Field Index 7.011
- Documentation Entry 133
Description
"Description of Bespoke Repayment" is a description of the bespoke repayment profile when "Bespoke Repayment" is selected in field "Amortisation Type".
Where possible institutions are encouraged to write the Text field in the format IO(t), A(t), L(t) where (t) is the term in x years and y months.
Therefore for a bespoke repayment where the linear rate is two years and three months, the annuity repayment is one year and the interest only rate is five years and two months the entry in the text field is IO(5 years, 2 months), A(1 year, 0 months), L(2 years, 3 months).
Field Characteristics
The field type is a Text field.
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
