PET - Plain English Taxonomy

Attribute:	CS21936
Concept:	Assets Exposures Off Balance Sheet Undrawn Commitments Irrevocable Certain Drawdown Loans Approved But Not Yet Advanced Amount
Label:	Irrevocable Commitments - Certain Drawdown - Loans Approved but not yet Advanced
Concept Guidance:	This is the value, as at the relevant date, of irrevocable loan amounts that are approved but not yet advanced, and which are certain of drawdown. This represents the maximum unused portion of the commitment that could be drawn during the remaining period to maturity. Any drawn portion of a commitment forms part of an entity's on-balance sheet exposure and is not to be reported at this item. Loans that are approved but not yet advanced are contingent liabilities which represent loans that have been approved by the reporting party but the counterparty has yet to draw down the funds in relation to the arrangement. Commitments, for capital adequacy purposes, are generally considered to have arisen once the reporting party makes a firm offer to a client (i.e. customer acceptance is not required). Therefore, a commitment will arise once a letter of offer is provided to the client by the reporting party. For the purposes of this item, do not report the undrawn balance of revolving facilities (e.g. credit cards, overdrafts, etc.).

Dimensions

Dimension	Member	Description
BalanceTypeDimension	(CreditEquivalentAmount)	This dimension identifies the measurement scenario under which the reported value was calculated. The value reported is the credit equivalent amount, as determined in accordance with relevant prudential standards. The credit equivalent amount (CEA) represents the on-balance sheet equivalent of an off-balance sheet exposure. In relation to a non-market-related off-balance sheet transaction, the CEA is calculated by multiplying the notional principal amount of a particular transaction by the relevant credit conversion factor. In relation to a market-related off-balance sheet transaction, the CEA is determined using the adjusted current exposure method.
LoanSecurityDimension	(NotSecuredEligibleResMortgage)	The characteristic of whether or not assets have been pledged to secure the repayment of funds under a credit or other lending activity in the case of default by the borrower. The repayment of funds advanced have not been secured through an eligible residential mortgage to satisfy the debt in the case of default by the borrower.An eligible residential mortgage is determined in accordance with relevant prudential standards.

Dimension

Member

Description

BalanceTypeDimension

(CreditEquivalentAmount)

This dimension identifies the measurement scenario under which the reported value was calculated.
The value reported is the credit equivalent amount, as determined in accordance with relevant prudential standards. The credit equivalent amount (CEA) represents the on-balance sheet equivalent of an off-balance sheet exposure. In relation to a non-market-related off-balance sheet transaction, the CEA is calculated by multiplying the notional principal amount of a particular transaction by the relevant credit conversion factor. In relation to a market-related off-balance sheet transaction, the CEA is determined using the adjusted current exposure method.

LoanSecurityDimension

(NotSecuredEligibleResMortgage)

The characteristic of whether or not assets have been pledged to secure the repayment of funds under a credit or other lending activity in the case of default by the borrower.
The repayment of funds advanced have not been secured through an eligible residential mortgage to satisfy the debt in the case of default by the borrower.An eligible residential mortgage is determined in accordance with relevant prudential standards.