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Moody's Global Credit Research
Title:
Aqua Finance No. 2 plc
Price:
$300.00
Publication Date:
May 09, 2008
Report Type:
Performance Overview
Brief Excerpt:
...Footnotes - General Information # Date format throughout report is DD/MM/YYYY. Footnotes - Rating Opinion and General Commentary #Trigger calculations are based on delinquency as defined in the Offering Circular while total delinquencies refer to all loans that are at least one day in arrears. Footnotes - Capital Structure Footnotes - Portfolio and Performance Data # CPR (Constant Prepayment Rate) # TRR (Total Redemption Rate) Moody's TRR calculation = #-(#-(Current Period Total Principal Payments divided by Current Period Outstanding Pool Balance plus Total Principal Payments))^ [reporting frequency] where reporting frequency equals (monthly reporting=##, quarterly reporting=#, semi-annual=#, annual=#). Footnotes - Trigger Description Defaults - Cumulative - Early Amortisation: Early amortisation occurs when, among others, the cumulative defaults are >
