ESMA Commercial Real Estate.Exposures.Interest Rate Floor

From Open Risk Manual

Definition of ESMA Commercial Real Estate.Exposures.Interest Rate Floor

ESMA Commercial Real Estate.Exposures.Interest Rate Floor

  • Member of Table: ESMA Commercial Real Estate Exposures Table
  • ESMA Field Index: CREL119


Description

Minimum rate that the obligor must pay on a floating rate underlying exposure as required under the terms of the underlying exposure agreement.

Field Characteristics

Format

The field type / format is: PERCENTAGE


No Data Options

  • The field cannot 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