TMI BlogFormat for statements/reports to be submitted to Stock Exchange (s) by listed entity which has listed its securitised debt instrumentsX X X X Extracts X X X X X X X X Extracts X X X X ..... anges are advised to bring the provisions of this circular to the notice of Listed Entity and also to disseminate the same on its website. This circular shall come into force on December 01, 2015. 4. This circular is issued under regulation 82(3) read with regulation 101(2) of Listing Regulations, 2015. 5. This circular is available on SEBI website at www.sebi.gov.in under the categories Legal Framework and under the drop down Corp Debt Market . Yours faithfully, Richa Goel Agarwal Deputy General Manager richag@sebi.gov.in ANNEXURE I Note - Explanation for the terms used in the tables is given at the end Disclosures for the month of __________ A. Snapshot A1. Pool snapshot Originator Total billing during the month SPDE Total collections during the month Asset class (es) Cumulative collections efficiency ratio Deal structure (Par/Premium) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Principal excess/shortfalls Interest excess/shortfalls B. Pool level details Note:- The asset classes are defined as Asset class-1, Asset Class-2 etc. for illustration purposes. The asset class (E.g. Home loans/two-wheeler loans, etc.) shall be named as such in the respective columns B1. Loan details Particulars Asset Class-1 Asset Class-2 Total Number of loans Value of loans Number of loans Value of loans Number of loans Value of loans Original Number /value of Loans Loans- op ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Opening Balance / Guarantee available at beginning of the month - Closing Balance / Guarantee available at end of the month First Loss facility - Opening Balance / Guarantee available at beginning of the month - Closing Balance / Guarantee available at end of the month Second Loss facility - Opening Balance / Guarantee available at beginning of the month - Closing Balance / Guarantee available at end of the month Change in reserve account balance B4. Waterfall mechanism Receipts Collections pertaining to current billing Collections pertaining to previous overdues Prepayment collection ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... B6. Collection efficiency report Asset Class-1 Asset Class-2 Total Cumulative billing Cumulative collections Current billing Billing pertaining to 90 DPD contracts Billing pertaining to repossessed contracts Billing pertaining to 90 DPD Current collections [excluding prepayments and other collections] Collections pertaining to 90 DPD contracts ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erdue 91 to 180 days Overdue 180 days Number of loans Principal overdue Interest overdue Future principal due of overdue loans Future interest due of overdue loans Total Particulars Total overdue Overdue upto 90 days Overdue 91 to 180 days Overdue 180 days Number of loans Principal overdue ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tfalls Previous factor (principal) Current factor (principal C3. Interest payments Original Interest Outstanding Opening interest outstanding Interest payments due Interest payments received closing interest Outstanding ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... D. Loan level details D1. Loan level data Sr No Asset Class Original Principal balance Current Principal balance Interest rate- Fixed or Floating* Current Interest Rate (in p.a.) Original maturity of loan (in months) Holding period by originator prior to securitization(in months) Remaining maturity as on date(in months) Principal payments due till date Principal payments made till date Principal payment due for the month Interest payments due till date Interest payments made till date Interest payment due for the month Overdue status- 1. Not overdue 2. 90 days 3. 90-180 days 4. 180 days If overdue, principal overdue till date If overdue, interest overdue till date 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9 10 *In case interest rate if fixed but maturity changes according to interest rate-mention as 'floating maturity' Notes- For every asset class, loan level details in the above format shall be furnished for top 20 loans in descending order of value of principal outstanding. Explanation of Terms A. Snapshot Particulars Data format Description Nature A1. Pool snapshot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ic Excess Spread Percentage Numeric The amount of funds remaining as a percentage (%) of the Current Loan Principal Balance after the period s collections have been fully applied to cover the issuer s obligations (i.e. senior fees, bond interest due, swap payments) pursuant to the priority of payments given in the transaction documentation Dynamic Change in reserve account balance Numeric The difference between the Ending Account Balance and the Beginning Account Balance of the month in all credit enhancement accounts taken together such that a positive amount represents a net deposit to the account and a negative quantity represents a net withdrawal from the account Dynamic Number of loans prepaid or foreclosed during the month Numeric Number of loans underlying the pool which have either been prepaid or foreclosed during the month Dynamic Value of loans prepaid or foreclosed during the month Numeric Value of loans underlying th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed as defined in the prospectus Static Current Rating Alpha-numeric The rating assigned by the rating agency or agencies for the tranche as on date Dynamic Record Date Date The date on which registered holders of the security are determined for the purpose of making payments to such registered holders on the next succeeding payment date Static Payment Date Date The periodic date on which the recurring payment of the tranche is scheduled to occur; the period between the 2 payment dates referred to as 'the month' Static Coupon rate Numeric The coupon rate for the tranche whether fixed or floating - In case of fixed interest, specify the coupon rate - In case of floating interest specify as benchmark + ____bps E.g. 10 year G-Sec Rate+ 300 bps= ____ % (current rate) Dynamic Principal excess/ Shortfall Numeric The difference between the amount o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ighted average maturity date of the loans collateralizing the pool weighted by their original principal balance Static Current Weighted Average Life Numeric The current weighted average maturity date of the loans collateralizing the pool weighted by their current principal balance Dynamic Original Loan to Value (LTV) Numeric The ratio obtained by dividing the Original Total Value of the Loans by the weighted average market value of the underlying assets securing the loans Static Current Loan to Value (LTV) Numeric The ratio obtained by dividing the current Total Value of the Loans by the weighted average market value of the underlying assets securing the loans based on the latest available valuations Dynamic Door-to-door maturity Numeric The number of months since the date of disbursement till the date of collection of final principal/interest Dynamic B3. Detai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ess in bringing the securities issued by the SPV to investment grade. Provide the balance of funds on deposit in the First Loss Facility account at the beginning of the month/ Guarantee available at beginning of the month Dynamic First Loss Facility - Closing Balance / Guarantee available at end of the month Numeric Balance of funds on deposit in the First Loss Facility account at the end of the month/ Guarantee available at end of the month Dynamic Second Loss Facility - Opening Balance / Guarantee available at beginning of the month Numeric A second loss facility represents a credit enhancement providing a second (or subsequent) tier of protection to an SPV against potential losses. Provide the balance of funds on deposit in the Second Loss facility account at the beginning of the month/ Guarantee available at beginning of the month Dynamic Second Loss facility- Closing Balance / Guarantee available at end of the month Numeric The balance of funds on deposit in the Second Loss ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Total Receipts Numeric Total of all receipts during the month Dynamic Statutory / regulatory dues Numeric Statutory / regulatory dues paid for the month Dynamic Costs/ charges incurred by Trustee Numeric Costs/ charges incurred by Trustee for the month Dynamic Costs/ charges incurred by Designated Bank Numeric Costs/ charges incurred by Designated Bank for the month Dynamic Liquidity Facility Fee / Interest Numeric Fee / Interest for maintaining liquidity facility the month Dynamic Collection and Processing Agent fees Numeric Collection and Processing Agent fees paid out for the month Dynamic Miscellaneous payments Numeric Any miscellaneou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Numeric Total amount due from the loans underlying the pool for the month where interest or principal or both have been due for more than 90 days Dynamic Billing pertaining to repossessed contracts Numeric Total amount due from the loans underlying the pool for the month where the contracts are repossessed Dynamic Billing pertaining to 90 DPD Numeric Total amount due from the loans underlying the pool for the month excluding the loans mentioned in the above row Dynamic Current collections [excluding prepayments and other collections] Numeric Total amount collected during the month excluding prepayments and other collections Dynamic Collections pertaining to 90 DPD contracts Numeric DPD- Days past Due Total amount collected during the month excluding prepayments and other collections pertaining to the loans where interest or principal or both have been due for more than 90 days OR ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... very assets class on a total basis Dynamic Principal overdue Numeric Cumulative Prinicipal overdue on the loans overdue as on the last date of the month for upto 90 days, 91-180 days more than 180 days respectively for every assets class on a total basis Dynamic Interest overdue Numeric Cumulative Interest overdue on the loans overdue as on the last date of the month for upto 90 days, 91-180 days more than 180 days respectively for every assets class on a total basis Dynamic Future principal due of overdue loans Numeric Total prinicpal overdue in future from all loans which are overdue as on date for upto 90 days, 91-180 days more than 180 days respectively for every assets class on a total basis Dynamic Future interest due of overdue loans Numeric Total interest overdue in future from all loans which are overdue as on date for upto 90 days, 91-180 days more than 180 days respectively for every asse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... prinicpal Outstanding at beginning of month Original Principal Outstanding Dynamic Current factor (principal) Numeric Total current prinicpal Outstanding at beginning of month Original Principal Outstanding Dynamic C3. Interest payments Original Interest Outstanding Numeric The Original interest Balance of the tranche at issuance Static Opening interest outstanding Numeric The balance of the interest of the tranche at the beginning of the month Dynamic Interest payments due Numeric The total amount of interest payments due during the month Dynamic Interest payments received Numeric The total amount of interest payments made during the month Dynamic closing interest Outstanding Numeric The balance of the interest at the end of the m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... C5. Future cash flows schedule till maturity Details of future cash flows for every tranche Numeric Details of the projected cash flows for every tranche subdividing the cash flows into interest and principal payments for every month till maturity Dynamic D. Loan level details D1. Loan level data Asset Class Text Name of the asset class to which the loan belongs. E.g. (Home loan, 2-wheeler loan, etc.) Static Original Principal balance Numeric Original principal balance of the loan at the time of grant of loan Static Current Principal balance Numeric Principal balance due of the loan at the end of the month Dynamic Interest rate- Fixed or Floating* Text Whether the interest rate on the loan is fixed/ floating. In case interest rate if fixed but maturity changes according to interest rate-mention as 'floating maturity' ..... X X X X Extracts X X X X X X X X Extracts X X X X
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