Subject Matter
Use LDOR code in the field for ‘Current Interest Rate Index’ or ‘Revised Interest Rate Index’
Question
If a Lender’s Own Rate ‘LDOR’ is directly linked to an interest rate index (e.g. the European Central Bank Base Rate ‘ECBR’), should the code ‘LDOR’ or the code of the relevant interest index (‘ECBR’) be inserted in this field? (RREL44; RREL56; CREL111; CRPL54; CRPL66; AUTL41; CMRL38; CCDL30; LESL37; ESTL40; SEST20; SESI14; SEAT11)
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402