ESMA ABCP.Exposures.Amortisation Type
Contents
Definition of ESMA ABCP.Exposures.Amortisation Type
ESMA ABCP.Exposures.Amortisation Type
- Member of Table: ESMA ABCP Exposures Table
- ESMA Field Index: IVAL21
Description
The total outstanding principal balance of exposures of this type where the amortisation is either bullet, balloon, or some other arrangement besides French, German, or a fixed amortisation schedule. For the purposes of this field: - French Amortisation is defined as amortisation in which the total amount — principal plus interest — repaid in each instalment is the same; - German Amortisation is defined as amortisation in which the first instalment is interest-only and the remaining instalments are constant, including capital amortisation and interest; - Fixed Amortisation Schedule is defined as amortisation in which the principal amount repaid in each instalment is the same; - Bullet Amortisation is defined as amortisation in which the full principal amount is repaid in the last instalment; - Balloon Amortisation is defined as amortisation consisting of partial principal repayments followed by a larger final principal amount; and - Other Amortisation is defined as any other amortisation type not captured by any of the categories listed above.
Include the currency in which the amount is denominated, using {CURRENCYCODE_3} format.
Field Characteristics
Format
The field type / format is: MONETARY
No Data Options
- The field can be empty under data options ND1-ND4
- The field can be empty under data option ND5
No Data Options Legend
| Option | Explanation |
|---|---|
| ND1 | Data not collected as not required by the lending or underwriting criteria |
| ND2 | Data collected on underlying exposure application but not loaded into the originator’s reporting system |
| ND3 | Data collected on underlying exposure application but loaded onto a separate system from the originator’s reporting system |
| ND4 | Data collected but will only be available from YYYY-MM-DD (YYYY-MM-DD shall be completed) |
| ND5 | Not applicable |
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the ESMA Securitisation Template for pointers to definitive instructions
