ESMA Commercial Real Estate.Exposures.Debt Service Coverage Ratio Method: Difference between revisions
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Latest revision as of 20:18, 12 February 2019
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
{{#set:Availability of ND1-ND4 Option =YES|Availability of ND5 Option =NO|Field Type=LIST}}
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