Label: | Financial Risk Credit Direct Credit Substitutes Guarantees Amount |
TREF ID: | DE7924 |
Data Type: | xbrli:monetaryItemType |
Period Type: | instant |
Balance Type: | debit |
Business Description & Guidance: |
This is the value, as at the relevant date, of guarantees that constitute direct credit substitutes. A guarantee is a pledge or agreement to be responsible for another party's debt or contractual performance if that other party does not pay or perform. A direct credit substitute is any irrevocable off-balance sheet obligation that carries the same credit risk as a direct extension of credit, such as an undertaking to make a payment to a third party in the event that a counterparty fails to meet a financial obligation, or an undertaking to a counterparty to acquire a potential claim on another party in the event of default by that party (i.e. the risk of loss depends on the creditworthiness of the counterparty or the party on that a potential claim is acquired). |
Usage
Form | Labels | |
Label:
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Direct Credit Substitutes - Guarantees |
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Label:
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Direct Credit Substitutes - Guarantees |
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Label:
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Guarantees |
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Label:
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Direct Credit Substitutes - Guarantees |
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Label:
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Guarantees |