Original question
Original language
[ESMA 33-128-563 Securitisation Q&A, Q&A 5.2.8]
Consider for example a loan that was originated on 1 January 2015 and charged a fixed interest rate of 3% until 31 December 2019, after which the loan would be indexed to the 3M Euribor index and charged an interest rate margin over 3M Euribor of 2% starting on 1 January 2020, 1.5% starting on 1 January 2022, and 1% starting on 1 January 2024. In this case, the following information should be entered:
|
Field code |
Field name |
Value to enter in this field |
|
RREL50 (or CRPL60) |
Revision Margin 1 |
2 |
|
RREL51 (or CRPL61) |
Interest Revision Date 1 |
1 January 2020 |
|
RREL52 (or CRPL62) |
Revision Margin 2 |
1.5 |
|
RREL53 (or CRPL63) |
Interest Revision Date 2 |
1 January 2022 |
|
RREL54 (or CRPL64) |
Revision Margin 3 |
1 |
|
RREL55 (or CRPL65) |
Interest Revision Date 3 |
1 January 2024 |