ESMA Automobile.Exposures.Percentage Of Prepayments Allowed Per Year

From Open Risk Manual

Definition of ESMA Automobile.Exposures.Percentage Of Prepayments Allowed Per Year

ESMA Automobile.Exposures.Percentage Of Prepayments Allowed Per Year

  • Member of Table: ESMA Automobile Exposures Table
  • ESMA Field Index: AUTL48


Description

Percentage amount of pre-payments allowed under the product per year. This is for underlying exposures that allow a certain threshold of pre-payments (i.e. 10%) before charges are incurred.

Field Characteristics

Format

The field type / format is: PERCENTAGE


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