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In April 2020, the "Aggregate Net Defaults for last 12 Months" Performance Test was above the 2.7% limit at 2.76%.
The Dashboard covers the period from April 2019 to April 2020 and is part of GCR’s performance monitoring process and does not constitute rating action or rating report.
The Dashboard exhibits performance metrics related to the Compass Securitisation (RF) Ltd transaction, which include credit enhancement levels, excess spread, defaults, recoveries and covenants. Rating reports can be accessed here.