Stress Test Data Framework Dictionary 2021: Version 02

ReferenceRateTypesNTMR

Enumeration Definition
Administered rate Managed rate products. The pricing of these items is not contractually linked to any reference rate but is at the discretion of the firm.
Central bank rate linked Items which are linked to the central bank rate (Bank Rate in the UK). E.g. Bank Rate tracker mortgages and central bank balances.
Fixed rate Fixed rate items. The pricing of these items is contractually fixed. The repricing period of these balances should be populated on a behaviouralised basis.
Government or sovereign rate Items referencing the government or sovereign yield curves e.g. Government Bonds.
Non interest bearing Non-interest bearing balance sheet items such as non-interest bearing current accounts (current accounts paying very low interest rate e.g. less than 0.1% may be included) or net free reserves. Please note that the balances are expected to be behaviouralised based on the firm’s policy.
Other Other reference rate type. Please provide supplementary information detailing reference rate type.
Overnight index rate linked The pricing on these items is contractually linked to an Overnight Index rate.
Variable or floating rate The pricing on these items is contractually linked to an external reference rate (e.g. 3m LIBOR) which is not the central bank rate or an overnight index.