ESMA Commercial Real Estate.Exposures.Obligor Must Pay Breakage On Swap
From Open Risk Manual
Contents
Definition of ESMA Commercial Real Estate.Exposures.Obligor Must Pay Breakage On Swap
ESMA Commercial Real Estate.Exposures.Obligor Must Pay Breakage On Swap
- Member of Table: ESMA Commercial Real Estate Exposures Table
- ESMA Field Index: CREL165
Description
Extent to which the obligor is obligated to pay breakage costs to the underlying exposure swap provider. In the event of multiple swaps, enter in the most appropriate value
Field Characteristics
Format
The field type / format is: LIST
Eligible Values
The following choices are available:
- Total Indemnification from obligor (TOTL)
- Partial Indemnification from obligor (PINO)
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