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Intermediary Calculations for
Collateral Value 
The following intermediary values are derived in the calculation of collateral value:
Scenario |
Charge Value is Equal To |
Percentage of charge is equal to 100 OR Charge amount is equal to 0 |
Assessment value |
Percentage of charge is not equal to 100 OR Charge amount is not equal to zero |
Minimum [(highest lending limit) (charge percentage or amount) (assessment amount)] |
Assigned lending limit is the value of the asset that is provided for collateral purposes while lending limit is the asset value that can be provided as per legal and statutory requirements.
Assigned lending limit = [(highest lending limit – prior charge) * charge value] / (sum of charge values for same ranked charges |
Utilizable value
The actual value of the collateral agreement that can be used for collateralization purposes after distribution to the receivables with higher priority.
Utilizable value = collateral value of the backup collateral agreement – collateral value distributed to receivables with higher priority |
Required value
Required value is the amount required by the backed-up collateral agreement.
Required value = assessment value of the backed up collateral agreement – minimum [(lending limit of the collateral agreement – prior charges – special discount) of the backed-up collateral agreement AND (assessment value of the backed-up collateral agreement)] |
Allocated value
Allocated value is the total amount available from back-up collateral agreements for a backed-up collateral agreement.
Allocated value = sum of the allotted available values from the back up collateral agreements |
Assigned collateral value
Assigned collateral value is calculated for the maximum risk using the respective maximum risk and the current risk values of the collateral value and collateral right for the pool agreement.
Collateral value*(collateral right of the pool agreement / sum of the collateral values of the individual agreements in the pool) |
