South African Securitisation Programme (RF) Limited - Series 1 (Monitoring Dashboard)

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South African Securitisation Programme (RF) Limited Series 1 (Monitoring Dashboard)
  • South African Securitisation Programme (RF) Limited - Series 1 (Monitoring Dashboard)
  • Year :Jul 2020
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Summary

The yield was reported at 24.2% (the highest since August 2015) for the month of May 2020. Due to an increase in the early settlement profits which attributed R6.6m (23% of the total yield).

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 Dashboards at least on a quarterly basis

The Dashboard exhibits performance metrics related to the South African Securitisation Programme (RF) Ltd – Series 1 transaction, which include credit enhancement levels, excess spread, defaults, recoveries and covenants. Click here for rating reports.

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