ESMA_QA_1364
15/11/2019
Subject Matter
Balloon Amount
Original question
Does this include a balloon payment on Interest Only underlying exposures?
ESMA Answer
15-11-2019
Original language
[ESMA 33-128-563 Securitisation Q&A, Q&A 5.3.30]
Yes, this field includes any balloon payment on underlying exposures deemed to be interest-only (corresponding, inter alia, to ‘Bullet’ underlying exposures in the ‘Amortisation Type’ fields in RREL35; CRPL46; AUTL32; ESTL31—as applicable), so long as this payment is paid at maturity of the underlying exposure.
Status: Answer Published
Additional Information
Level 1 Regulation
Securitisation Regulation (EU) 2017/2402
Topic
Securitisation Disclosure Templates