[ESMA 33-128-563 Securitisation Q&A, Q&A 5.3.8]

(a) Yes, this field includes the total next payment that must be made by the obligor in connection with this underlying exposure (i.e. the total next payment that, if the underlying exposure did not exist, would not have to be made). It therefore does include any insurance that is paid through the underlying exposure.

(b) In that case, this field should contain the payment which is due on the date of maturity of the underlying exposure.

(c) Where a number of payments have been cancelled or postponed, in this field the value of the next scheduled payment should be entered i.e. ‘0’.