EBU Single Rulebook Q&A 21 December 2015 2015_2535 Incorporation of intra year cures

The loss rate is defined as sum(credit risk adjustment write offs of observed new defaults at the end of year) / sum (exposure[end of preceeding year] of the observed new defaults). Are cases which default during the year but cure until the end of the year to be included in the denominator? n/a BaFin Other For c210 of template C 103.