ESMA_QA_1364

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1364

---

Regulatory Context

Regulation : SECR

Level 1 Regulation: Securitisation Regulation (EU) 2017/2402

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: Securitisation Disclosure Templates

Subject Matter: Balloon Amount

---

Question

Submission Date: 15 November 2019

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

---

ESMA Answer

Answer Date: 15-11-2019

[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.

---

This document was automatically extracted from the ESMA EMIR Q&A database.