EBU Single Rulebook Q&A 16 October 2015 2015_2421 C105.01 / 050 - EAD weighted average default rate for calibration

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European Union · · · 16-10-2015

C105.01 / 050 - EAD weighted average default rate for calibration. Is the specification only relevant to the PD models themselves? Also, does this mean the PD actually used for model build, or the latest monitored position? C105.01 / 050 - EAD weighted average default rate for calibration. This has been interpreted as the standard EAD weighted annual default rate.

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