obligor grade
Defined in Article 142, Capital Requirements Regulation (CRR)
Definitions over time (1)
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28/06/2013 – today applies on 12/11/2026 Article 142, Capital Requirements Regulation (CRR) Scope: Part III Title II Chapter 3
For the purposes of this Chapter, the following definitions shall apply:
‘obligor grade’ means a risk category within the obligor rating scale of a rating system, to which obligors are assigned on the basis of a specified and distinct set of rating criteria, from which estimates of probability of default (PD) are derived;