EBU Single Rulebook Q&A 7 September 2018 2018_4252 EBA ITS package for 2019 benchmarking exercise (Annex V, credit spread instruments)

Seniority is not specified in some CDS instruments. Could we consider them as Senior Unsecured? Some CDS instruments such as AXA CDS or AVIVA do not specify seniority. Credit institution The submitter should report the Instruments in the Annex 5, credit spread instrument following market convention, when not specified otherwise, therefore the submitter should consider them as senior Unsecured.