#3004996
Bealach amháin is ea feabhsú creidmheasa a sholáthar don tráinse sinsearach nó don tráinse mezzanine.
One way is through providing credit enhancement to the senior or the mezzanine tranche.
Bealach amháin is ea feabhsú creidmheasa a sholáthar don tráinse sinsearach nó don tráinse mezzanine.
One way is through providing credit enhancement to the senior or the mezzanine tranche.
Maidir le gach tráinse nach tráinse sinsearach é, i.e. na cinn dheireanacha chun an caillteanas nó tráinsí an chéadchaillteanais a ionsú, measfar gur tráinsí mezzanine iad.
All tranches that are not senior tranches, i.e. the last to absorb the loss or first loss tranches, shall be considered mezzanine tranches.
I gcás ina soláthraítear le barrachas an raoin difríochta shintéisigh feabhsú creidmheasa don tráinse sinsearach nó don tráinse mezzanine amháin, ní féidir é a láimhseáil mar thráinse céadchaillteanais.
Where the synthetic excess spread provides credit enhancement to the senior or mezzanine tranches only, it cannot be treated as a first loss tranche.
ciallaíonn ‘suíomh sinsearach urrúsúcháin’ suíomh atá bunaithe nó urrúsaithe ag céadéileamh ar iomlán na risíochtaí foluiteacha, gan beann, chun na gcríoch seo, ar mhéideanna atá dlite faoi chonarthaí díorthach ráta úis nó airgeadra, táillí nó íocaíochtaí comhchosúla eile, agus gan beann ar aon difríocht in aibíocht le haon tráinse sinsearach eile (nó níos mó díobh) lena roinneann an suíomh sin caillteanais ar bhonn pro rata;
“senior securitisation position” means a position backed or secured by a first claim on the whole of the underlying exposures, disregarding for these purposes amounts due under interest rate or currency derivative contracts, fees or other similar payments, and irrespective of any difference in maturity with one or more other senior tranches with which that position shares losses on a pro-rata basis;
leithdháileadh breathnaithe na gcaillteanas ar an tráinse sinsearach agus ar thráinsí eile d’urrúsuithe STS laistigh den chlár comhardaithe, i gcás ina gcuireann an institiúid tionscnóra mír 1 i bhfeidhm i leith an tsuímh shinsearaigh atá ann in urrúsuithe den sórt sin;
the observed allocation of losses to the senior tranche and to other tranches of STS on-balance sheet securitisations, where the originator institution applies paragraph 1 in respect of the senior position held in such securitisations;