ESMA Commercial Real Estate.Exposures.Debt Service Coverage Ratio Method
From Open Risk Manual
Contents
Definition of ESMA Commercial Real Estate.Exposures.Debt Service Coverage Ratio Method
ESMA Commercial Real Estate.Exposures.Debt Service Coverage Ratio Method
- Member of Table: ESMA Commercial Real Estate Exposures Table
- ESMA Field Index: CREL70
Description
Define the calculation of the Debt Service Coverage Ratio financial covenant requirement, the inferred method of calculation. If the calculation method differs between the whole loan and the A-loan, then enter in the A-loan method
Field Characteristics
Format
The field type / format is: LIST
Eligible Values
The following choices are available:
- Current Period (CRRP)
- Projection - 6 month forward calculation (PRSF)
- Projection - 12 month forward calculation (PRTF)
- Combo 6 - Current period and a 6 month forward calculation (CMSF)
- Combo 12 - Current period and a 6 month forward calculation (CMTF)
- Historical - 6 month forward calculation (HISF)
- Historical - 12 month forward calculation (HITF)
- Modified - Includes a reserve injection or a percentage rental income probability calculation (MODI)
- Multiple Period - Consecutive period calculation (MLTP)
- Other (OTHR)
No Data Options
- The field can be empty under data options ND1-ND4
- The field cannot 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