call_type

A clean-up call is a call option provision in a securitisation whereby the originator can repurchase the outstanding amounts in the issuance once they outstanding amount has fallen below a certain threshold (e.g. 10%) or if certain other conditions have been met.

As defined in CRR Article 242:

clean-up call

clean_up

A clean-up call provision exists, but does not meet the regulatory criteria

clean_up_reg

A clean-up call provision that meets the following regulatory clean-up criteria specified in CRR Article 244/245:

(i) it can be exercised at the discretion of the originator institution; (ii) it may only be exercised when 10 % or less of the original value of the underlying exposures remains unamortised; (iii) it is not structured to avoid allocating losses to credit enhancement positions or other positions held by investors in the securitisation and is not otherwise structured to provide credit enhancement;

other

Any other call type