Original protection value (Ursprünglicher Wert der Sicherheit)

Definition: Original protection value. The original protection value is the monetary value of the protection item that was established at the date when the protection item was originally received as a credit protection. This data attribute captures the value of the protection at the origination date.

Reporting qualification: The original protection value is to be reported for each protection item reported in the protection received dataset. In particular, a value is always reported for protection items securing any instrument reported to AnaCredit that was originated on or after 1 September 2018. However, NCBs may decide not to collect the original protection value for a protection item, if all instruments reported to AnaCredit within the scope of the observed agent which are secured by the protection item were originated prior to 1 September 2018. Should this happen, the value “Not required” is to be reported for such protection items. 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes

Values: The original protection value is a monetary amount in units of euro. The reported value is a non-negative real number. General reporting instructions, specific cases and examples In the case of a protection item securing the same instrument, the original protection value will remain unchanged throughout the entire life of the instrument. This includes cases where the same protection is pledged to secure another instrument which is originated some period after the first instrument was originated. For an illustration of how the original protection value and the corresponding date are reported, consider the examples below. The original protection value is not updated owing to the changes in exchange rates. In particular, Example 60 depicts the reporting in the case of protection which is pledged once. Example 60: Reporting of the data attribute “original protection value” in the case of a single pledge Further considering the case of Example 59 above, Table 114 presents the reporting of the original protection value and the date of original protection value in relation to the real estate collateral and the financial guarantee from September through to December 2018. Table 114 Protection received dataset in the case of a single pledge Reporting reference date Protection identifier Type of protection Protection value Date of protection value Original protection value Date of original protection value 30/09/2018 CRE#1 Commercial real estate collateral 425,000.00 14/10/2016 380,000.00 28/04/2011 30/09/2018 GUA#2 Financial guarantee other than credit derivatives 500,000.00 30/09/2018 500,000.00 11/05/2011 31/10/2018 CRE#1 Commercial real estate collateral 427,125.00 31/10/2018 380,000.00 28/04/2011 30/11/2018 CRE#1 Commercial real estate collateral 429,260.63 30/11/2018 380,000.00 28/04/2011 31/12/2018 CRE#1 Commercial real estate collateral 431,406.93 31/12/2018 380,000.00 28/04/2011 Please note that after the initial reporting, records of the protection received dataset are reported to AnaCredit only if a change takes place compared with the data reported previously. In this connection, the financial guarantee (Gua#2) is only reported at 30 September (initial reporting) and is not subject to reporting thereafter. As regards the real estate collateral, this protection item is reported as of each reporting reference date in the reporting period concerned, because the protection value changes on a monthly basis (as the protection value is updated on the basis of a house price index), which triggers the reporting of the entire dataset in relation to the protection item. 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes Example 61 illustrates the reporting of the original protection value taking account of multiple pledges of the same protection. Example 61: Reporting of the data attribute “original protection value” in the case that the same protection is pledged multiple times 1. On 28 November 2018 an observed agent OA#99 extends a loan (Loan#1) to a legal entity and accepts a pledge of real estate property (REPRO#6) as protection for the loan. At the origination of the loan, the original protection value of the property amounted to €750,000, which was established by a physical appraisal carried out on 15 July 2018. 2. On 11 May 2019 OA#66 extends another loan (Loan#2) to the legal entity. The real estate property (REPRO#66) is pledged as protection for the loan and OA#66 considers the protection value as established on 15 July 2018 valid and accurate also as of May 2019. 3. On 25 April 2020, OA#99 extends an additional loan (Loan#3) to the legal entity, accepting the same real estate property (REPRO#6) as protection. For the loan acceptance, however, OA#99 had the real estate property re-evaluated, and on 4 April 2020 the protection value was established to be €699,000 following a physical appraisal. Table 115 presents relevant data attributes of the protection received dataset. The reporting of the protection is initially triggered in connection with Loan#1 and thereafter also in relation to Loan#2 and Loan#3. Once originated, all the loans continue to be reported beyond 30 April 2020. The connection between the protection and the loans is reported in the instrument-protection received dataset which is reported on a monthly basis (not shown). Table 115 Protection received dataset in the case of multiple pledges Reporting reference date Protection identifier Type of protection Protection value Date of protection value Original protection value Date of original protection value 30/11/2018 REPRO#6 Commercial real estate collateral 750,000.00 15/07/2018 750,000.00 15/07/2018 30/04/2020 REPRO#6 Commercial real estate collateral 699,000.00 04/04/2020 750,000.00 15/07/2018 Please note that after the initial reporting, records of the protection received dataset are reported to AnaCredit only if a change takes place compared with the data reported previously. In this connection, the real estate collateral is initially reported as of 30 November 2018 and it is not reported thereafter until 30 April 2020 when a change to the protection value takes place for the first time. Please note also that the original protection value is not updated. It is further clarified that the use of the protection in relation to the loans is captured throughout the entire period in the instrument-protection received, which continues to be reported from 30 November 2018 onwards for each reporting reference date, irrespective of whether or not changes occur to the data therein. For details refer to the example of using the same protection used multiple times for different loans at different moments in time, e.g. in relation to multiple mortgage deeds/claims, please refer to Section 8.4.2. Finally, Example 62 illustrates the reporting of the original protection value in cases where the same protection is used in relation to the multiple instruments, but over different periods of time (which do not overlap). 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes Example 62: Reporting of the data attribute “original protection value” in the case that the same protection is pledged multiple times 1. On 28 September 2018 observed agent OA#99 extends a loan (Loan#A) for one year to a legal entity for which real estate property (CRE#1) is pledged. At the origination of the loan, the original protection value of the property amounts to €200,000, which was established by a physical appraisal carried out on 1 August 2018. 2. After one year, i.e. by 30 September 2019, Loan#A is entirely redeemed and the pledge on the real estate is recalled shortly after. 3. On 2 February 2020, OA#99 extends a new two-year loan (Loan#B) to the legal entity, accepting the same real estate property (CRE#1) as protection for the loan. At the same time, the real estate property is re-evaluated, with the protection value established to be €250,000 as at 25 January 2020. Table 116 presents the reporting of the original protection value when it is used in relation to Loan#A, while Table 117 depicts the reporting in connection with Loan#B. Table 116 Reporting of protection CRE#1 in relation to Loan#A Reporting reference date Protection identifier Type of protection Protection value Date of protection value Original protection value Date of original protection value 30/09/2018 CRE#1 Commercial real estate collateral 200,000.00 01/08/2018 200,000.00 01/08/2018 Please note that, after the initial reporting with reference to 30 September, no records of the protection received dataset are reported to AnaCredit because no changes take place compared with the data reported originally. However, the instrument-protection received dataset, where the real estate collateral is associated with Loan#A, is reported for each month as long as Loan#A exists, i.e. until September 2019. In February 2020 when Loan#B is issued, the commercial real estate is once again subject to reporting as it secures the instruments. In this connection, the instrument- protection received dataset is reported monthly from 29 February 2020, whereas the protection item itself is reported in the protection received dataset which is in turn reported with reference to 29 February 2020 with updated data attributes. Table 117 Reporting of protection CRE#1 in relation to Loan#B Reporting reference date Protection identifier Type of protection Protection value Date of protection value Original protection value Date of original protection value 29/02/2020 CRE#1 Commercial real estate collateral 250,000.00 25/01/2020 250,000.00 25/01/2020 Please note that after the initial reporting with reference to 29 February 2020, no records of the protection received dataset are reported to AnaCredit as long as no changes take place over the life of the loan compared with the data reported originally. However, the instrument-protection received dataset (not shown), where the real estate collateral is associated with Loan#B, is reported for each month until the loan is paid off. 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes

Definition: Original protection value. The original protection value is the monetary value of the protection item that was established at the date when the protection item was originally received as a credit protection. This data attribute captures the value of the protection at the origination date.

Reporting qualification: The original protection value is to be reported for each protection item reported in the protection received dataset. In particular, a value is always reported for protection items securing any instrument reported to AnaCredit that was originated on or after 1 September 2018. However, NCBs may decide not to collect the original protection value for a protection item, if all instruments reported to AnaCredit within the scope of the observed agent which are secured by the protection item were originated prior to 1 September 2018. Should this happen, the value “Not required” is to be reported for such protection items. 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes

Values: The original protection value is a monetary amount in units of euro. The reported value is a non-negative real number. General reporting instructions, specific cases and examples In the case of a protection item securing the same instrument, the original protection value will remain unchanged throughout the entire life of the instrument. This includes cases where the same protection is pledged to secure another instrument which is originated some period after the first instrument was originated. For an illustration of how the original protection value and the corresponding date are reported, consider the examples below. The original protection value is not updated owing to the changes in exchange rates. In particular, Example 60 depicts the reporting in the case of protection which is pledged once. Example 60: Reporting of the data attribute “original protection value” in the case of a single pledge Further considering the case of Example 59 above, Table 114 presents the reporting of the original protection value and the date of original protection value in relation to the real estate collateral and the financial guarantee from September through to December 2018. Table 114 Protection received dataset in the case of a single pledge Reporting reference date Protection identifier Type of protection Protection value Date of protection value Original protection value Date of original protection value 30/09/2018 CRE#1 Commercial real estate collateral 425,000.00 14/10/2016 380,000.00 28/04/2011 30/09/2018 GUA#2 Financial guarantee other than credit derivatives 500,000.00 30/09/2018 500,000.00 11/05/2011 31/10/2018 CRE#1 Commercial real estate collateral 427,125.00 31/10/2018 380,000.00 28/04/2011 30/11/2018 CRE#1 Commercial real estate collateral 429,260.63 30/11/2018 380,000.00 28/04/2011 31/12/2018 CRE#1 Commercial real estate collateral 431,406.93 31/12/2018 380,000.00 28/04/2011 Please note that after the initial reporting, records of the protection received dataset are reported to AnaCredit only if a change takes place compared with the data reported previously. In this connection, the financial guarantee (Gua#2) is only reported at 30 September (initial reporting) and is not subject to reporting thereafter. As regards the real estate collateral, this protection item is reported as of each reporting reference date in the reporting period concerned, because the protection value changes on a monthly basis (as the protection value is updated on the basis of a house price index), which triggers the reporting of the entire dataset in relation to the protection item. 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes Example 61 illustrates the reporting of the original protection value taking account of multiple pledges of the same protection. Example 61: Reporting of the data attribute “original protection value” in the case that the same protection is pledged multiple times 1. On 28 November 2018 an observed agent OA#99 extends a loan (Loan#1) to a legal entity and accepts a pledge of real estate property (REPRO#6) as protection for the loan. At the origination of the loan, the original protection value of the property amounted to €750,000, which was established by a physical appraisal carried out on 15 July 2018. 2. On 11 May 2019 OA#66 extends another loan (Loan#2) to the legal entity. The real estate property (REPRO#66) is pledged as protection for the loan and OA#66 considers the protection value as established on 15 July 2018 valid and accurate also as of May 2019. 3. On 25 April 2020, OA#99 extends an additional loan (Loan#3) to the legal entity, accepting the same real estate property (REPRO#6) as protection. For the loan acceptance, however, OA#99 had the real estate property re-evaluated, and on 4 April 2020 the protection value was established to be €699,000 following a physical appraisal. Table 115 presents relevant data attributes of the protection received dataset. The reporting of the protection is initially triggered in connection with Loan#1 and thereafter also in relation to Loan#2 and Loan#3. Once originated, all the loans continue to be reported beyond 30 April 2020. The connection between the protection and the loans is reported in the instrument-protection received dataset which is reported on a monthly basis (not shown). Table 115 Protection received dataset in the case of multiple pledges Reporting reference date Protection identifier Type of protection Protection value Date of protection value Original protection value Date of original protection value 30/11/2018 REPRO#6 Commercial real estate collateral 750,000.00 15/07/2018 750,000.00 15/07/2018 30/04/2020 REPRO#6 Commercial real estate collateral 699,000.00 04/04/2020 750,000.00 15/07/2018 Please note that after the initial reporting, records of the protection received dataset are reported to AnaCredit only if a change takes place compared with the data reported previously. In this connection, the real estate collateral is initially reported as of 30 November 2018 and it is not reported thereafter until 30 April 2020 when a change to the protection value takes place for the first time. Please note also that the original protection value is not updated. It is further clarified that the use of the protection in relation to the loans is captured throughout the entire period in the instrument-protection received, which continues to be reported from 30 November 2018 onwards for each reporting reference date, irrespective of whether or not changes occur to the data therein. For details refer to the example of using the same protection used multiple times for different loans at different moments in time, e.g. in relation to multiple mortgage deeds/claims, please refer to Section 8.4.2. Finally, Example 62 illustrates the reporting of the original protection value in cases where the same protection is used in relation to the multiple instruments, but over different periods of time (which do not overlap). 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes Example 62: Reporting of the data attribute “original protection value” in the case that the same protection is pledged multiple times 1. On 28 September 2018 observed agent OA#99 extends a loan (Loan#A) for one year to a legal entity for which real estate property (CRE#1) is pledged. At the origination of the loan, the original protection value of the property amounts to €200,000, which was established by a physical appraisal carried out on 1 August 2018. 2. After one year, i.e. by 30 September 2019, Loan#A is entirely redeemed and the pledge on the real estate is recalled shortly after. 3. On 2 February 2020, OA#99 extends a new two-year loan (Loan#B) to the legal entity, accepting the same real estate property (CRE#1) as protection for the loan. At the same time, the real estate property is re-evaluated, with the protection value established to be €250,000 as at 25 January 2020. Table 116 presents the reporting of the original protection value when it is used in relation to Loan#A, while Table 117 depicts the reporting in connection with Loan#B. Table 116 Reporting of protection CRE#1 in relation to Loan#A Reporting reference date Protection identifier Type of protection Protection value Date of protection value Original protection value Date of original protection value 30/09/2018 CRE#1 Commercial real estate collateral 200,000.00 01/08/2018 200,000.00 01/08/2018 Please note that, after the initial reporting with reference to 30 September, no records of the protection received dataset are reported to AnaCredit because no changes take place compared with the data reported originally. However, the instrument-protection received dataset, where the real estate collateral is associated with Loan#A, is reported for each month as long as Loan#A exists, i.e. until September 2019. In February 2020 when Loan#B is issued, the commercial real estate is once again subject to reporting as it secures the instruments. In this connection, the instrument- protection received dataset is reported monthly from 29 February 2020, whereas the protection item itself is reported in the protection received dataset which is in turn reported with reference to 29 February 2020 with updated data attributes. Table 117 Reporting of protection CRE#1 in relation to Loan#B Reporting reference date Protection identifier Type of protection Protection value Date of protection value Original protection value Date of original protection value 29/02/2020 CRE#1 Commercial real estate collateral 250,000.00 25/01/2020 250,000.00 25/01/2020 Please note that after the initial reporting with reference to 29 February 2020, no records of the protection received dataset are reported to AnaCredit as long as no changes take place over the life of the loan compared with the data reported originally. However, the instrument-protection received dataset (not shown), where the real estate collateral is associated with Loan#B, is reported for each month until the loan is paid off. 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes

Dieses Datenfeld erfasst den Wert der Sicherheit zu dem Zeitpunkt, zu dem sie ursprünglich als Kreditbesicherung bestellt wurde. Der ursprüngliche Wert der Sicherheit ist ein auf Euro lautender Betrag. Bei der Umrechnung von Fremdwährungsbeträgen ist der Referenzkurs maßgeblich, der zum Datum des ursprünglichen Wertes der Sicherheit galt. Siehe Teil III, „Umrechnung von Fremdwährungsbeträgen“ Im Falle einer Sicherheit, die dasselbe Instrument besichert, bleibt der ursprüngliche Wert der Sicherheit über die gesamte Laufzeit des Instruments unverändert. Hierzu zählen auch Fälle, in denen dieselbe Sicherheit als Sicherheit für ein weiteres Instrument bestellt wird, das einige Zeit nach dem ersten Instrument ausgegeben wird. Sollte sich während der Laufzeit eines Instruments die Besicherung ändern (z. B. im Falle eines „umgekehrten Pensionsgeschäfts“), so ist dies in der AnaCredit-Meldung anzuzeigen. Der ursprüngliche Wert der Sicherheit bezieht sich auf den Wert der Sicherheit zu dem Zeitpunkt, zu dem die jeweilige Sicherheit zum ersten Mal als Kreditsicherheit hinterlegt wurde. Dieses Datum muss nicht dem Datum des Vertragsabschlusses entsprechen. Deutsche Bundesbank Statistik Richtlinien Januar 2026 6.138 Kreditdaten- statistik