South African Securitisation Programme (RF) Limited - Series 3 (Monitoring Dashboard)

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South African Securitisation Programme (RF) Limited - Series 3 (Monitoring Dashboard)
  • South African Securitisation Programme (RF) Limited - Series 3 (Monitoring Dashboard)
  • Year : Jul 2020
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Summary

The yield increased to 17% in May 2020 from 13% mainly due to an increase in Evergreens (R4m in the month of May).

Additional Information

The Dashboard covers the period from May 2019 to May 2020 and is part of GCR’s performance monitoring process and does not constitute rating action or rating reports. GCR will update the Dashboard at least on a quarterly basis. Click here for rating reports.

The Dashboard exhibits performance metrics related to the South African Securitisation Programme (RF) Ltd – Series 3 transaction, which include credit enhancement levels, excess spread, defaults, recoveries and covenants.

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