EBU Single Rulebook Q&A 28 May 2015 2015_2023 Application of the top-down approach based on EL calibration (article 160 al.2) - purchased receivables

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European Union · · · 27-11-2015

Do these methods apply for other non-retail purchased receivables (i.e. institutions and sovereigns) ? For example, can an institution PD’s be calibrated using these top down approach based on EL calibration ?

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