EBA NPL.Loan.Type of Reversion Interest Rate

From Open Risk Manual

Definition of Loan / Type of Reversion Interest Rate

Loan.Type of Reversion Interest Rate: Type of reversion interest rate after the fixed interest period according to the Loan Agreement and applicable as of the NPL Portfolio Cur-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 7.041
  • Documentation Entry 163

Description

"Type of Reversion Interest Rate" is the type of reversion interest rate after the fixed interest period ends according to the Loan Agreement and applicable as at the NPL Portfolio Cut-Off Date Where 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 Text.


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

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