Status: You are viewing the version of the handbook as on 2009-03-31.

conversion factor

    48(in accordance with Article 4(28) of the Banking Consolidation Directive (Definitions)) the ratio of the currently undrawn amount of a commitment that will be drawn and outstanding at default to the currently undrawn amount of the commitment; the extent of the commitment is determined by the advised limit, unless the unadvised limit is higher.