Line4

1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Hyp LGD senior unsecured with negative pledge cannot be more than hyp LGD senior unsecured without negative pledge (EBA rule v6175_m)

A warning in the benchmarking of credit risk models return (SBP credit risk), on template C 101.00, details on exposures in low default portfolios by counterparty.

Check your file against this ruleWhat to do if it fails

The rule in plain words

Hyp LGD senior unsecured with negative pledge cannot be more than hyp LGD senior unsecured without negative pledge.

How the Line4 Check report words itShow

Word for word as the report shows it when the rule fails.

Hyp LGD senior unsecured with negative pledge <= Hyp LGD senior unsecured without negative pledge

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Compare the values in your file. If the first is bigger than it may be, one of them is wrong: check both before you change either.
  3. 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  4. 04It runs only when your filing indicators mark C 101.00 as reported.
  5. 05This is a warning. It does not stop the filing on its own, but your authority may ask you to explain it.

The cells it reads

Details on exposures in low default portfolios by counterparty (C 101.00)

Columns

  • 0130Hyp LGD senior unsecured without negative pledge
  • 0140Hyp LGD senior unsecured with negative pledge

A worked example

The first of its checks, with simple numbers.

Illustrative values
Hyp LGD senior unsecured with negative pledge1,200
What the rule then expects

Hyp LGD senior unsecured without negative pledge must then be at least 1,200.

1,200Passes
1,100Fails

A file that reports 1,200 passes. One that reports 1,100 fails, by 100.

The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.

Show the rule as writtenShow

EBA's formula. Cells are written as {template, row, column, sheet}.

{C_101.00,,c0140,} <= {C_101.00,,c0130,}

Every SBP credit risk rule, by template

Checks like this one, run at the point of submission, are the first step to real-time supervision.