ESMA_QA_1358
28/05/2020
Subject Matter
Number of Payments Before Securitisation
Original question
Does this number of payments include prepayments?
ESMA Answer
28-05-2020
Original language
[ESMA 33-128-563 Securitisation Q&A, Q&A 5.3.24]
No, this field refers to the number of regularly-scheduled payments (interest and/or principal) made before securitisation of the underlying exposure, not including any prepayments made.
Status: Answer Published
Additional Information
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402
Topic
Securitisation Disclosure Templates