Type of Exposure
Suggested
Weighting
Comparison
with Current Practice
21
Outstanding claims of
100%
No change since PMS introduced.
principal and interest
including those recoverable
under rescheduling agreements.
22
Claims written off.
0%
No change.
23
Future moratorium interest
0%
No change.
payable under rescheduling
agreements.
24
Capitalised moratorium
0%
No change.
interest under
rescheduling agreements.
A: sr2.t12
Comment
Before PMS outstanding claims were not logged against market limits.
Whether 23. and 24. are logged or not is largely academic given that we are "off" cover for most rescheduling markets. Where we are "on" cover pre-cut off exposure is not included under the lower DX limits of £175/150m.
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