ESMA · ESMA_QA_1364 Answer Published

Balloon Amount

Regulation
Securitisation Regulation (EU) 2017/2402
Topic
Securitisation Disclosure Templates
Submitted
2019-11-15
Answered
2019-11-15
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Question

Does this include a balloon payment on Interest Only underlying exposures?

Answer

[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.
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This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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