Settlement date (Abwicklungstermin)

The date on which the conditions specified in the contract are or can be executed for the first time, i.e. the date on which financial instruments are initially exchanged or created. The settlement date of an instrument is the date on which the instrument was used or drawn for the first time after the instrument’s inception date. In that sense, it is the date on which (a part or all) funds are disbursed. Please note that the settlement date refers to the instrument rather than to the contract on the basis of which the instrument is created. In other words, in contrast to the inception date, which is specified in the contract, the settlement date is instrument-specific based on the actual usage of the terms specified under the contract. In particular, the settlement date for the fixed sum credit arrangements is the date of the first pay-out of the amounts, if such pay-outs have already taken place. Figure 1 Settlement date for a fixed sum credit Further, the settlement date for revolving credit instruments, where the debit balance can be replenished by the debtor, is the first date on which the debtor has taken advantage of the funds. Figure 2 Settlement date for an instrument of a revolving nature Disbursement of funds Inception date Settlement date Inception date Settlement date Subsequent usage of the funds The instrument is actually created Limit > 0 Reporting reference date Reporting reference date Initial usage of the funds 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes The settlement date for debit balances on current accounts with no credit limit is the date on which the debit balance (as outstanding at the reporting reference date) arose. In this particular case the inception and settlement date are the same. Figure 3 Settlement date for unauthorised debit balances In cases where no funds have even been drawn or disbursed under an instrument in the period between the instrument’s inception date and the reporting reference date, the settlement date is reported as “Non-applicable”. For an illustration of how the settlement date is reported for reporting reference dates before and after an instrument’s first usage, please refer to Table 13 and Table 14 in Example 4 where a credit line other than revolving credit is presented. For further examples of the settlement date, please refer also to Example 7 below. In cases where no amount has ever been drawn under the instrument prior to a reporting reference date, the settlement date is reported as “Non-applicable” at the reporting reference date Example 7: Determining the settlement date Bank A had entered into contract CNT#1 on 5 March for the following three instruments for the reporting period with reference date 31/03/2019: • a loan (Inst#1) where a fixed sum of €50,000 was disbursed to the customer on 15 March and repayments are made quarterly; • a financing arrangement with a line of credit (Inst#2) where the instrument has been physically created and funds were made available totalling €100,000 but the client has made no withdrawals yet; • a revolving line of credit (Inst#3) totalling €150,000 which was first activated on 7, whereas the client made two withdrawals on 9 and 23 March in the amounts of €30,000 and €40,000 respectively. Following the stated logic, Table 21 illustrates the settlement dates for the three instruments. Table 21 Determining the settlement date across products as of 31 March Reporting date Contract identifier Instrument identifier Outstanding nominal amount (financial dataset) Off-balance-sheet amount (financial dataset) Inception date (instrument dataset) Settlement date (instrument dataset) 31/03/2019 CNT#1 INST#1 50,000.00 “Non-applicable” 05/03/2019 15/03/2019 31/03/2019 CNT#1 INST#2 0.00 100,000.00 05/03/2019 “Non- applicable” 31/03/2019 CNT#1 INST#3 70,000.00 80,000.00 05/03/2019 07/03/2019 As can be seen, the determination of the settlement date varies depending on the type of instrument. Inception date Settlement date Disbursement of funds Limit=0 Reporting reference date 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes

The date on which the conditions specified in the contract are or can be executed for the first time, i.e. the date on which financial instruments are initially exchanged or created. The settlement date of an instrument is the date on which the instrument was used or drawn for the first time after the instrument’s inception date. In that sense, it is the date on which (a part or all) funds are disbursed. Please note that the settlement date refers to the instrument rather than to the contract on the basis of which the instrument is created. In other words, in contrast to the inception date, which is specified in the contract, the settlement date is instrument-specific based on the actual usage of the terms specified under the contract. In particular, the settlement date for the fixed sum credit arrangements is the date of the first pay-out of the amounts, if such pay-outs have already taken place. Figure 1 Settlement date for a fixed sum credit Further, the settlement date for revolving credit instruments, where the debit balance can be replenished by the debtor, is the first date on which the debtor has taken advantage of the funds. Figure 2 Settlement date for an instrument of a revolving nature Disbursement of funds Inception date Settlement date Inception date Settlement date Subsequent usage of the funds The instrument is actually created Limit > 0 Reporting reference date Reporting reference date Initial usage of the funds 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes The settlement date for debit balances on current accounts with no credit limit is the date on which the debit balance (as outstanding at the reporting reference date) arose. In this particular case the inception and settlement date are the same. Figure 3 Settlement date for unauthorised debit balances In cases where no funds have even been drawn or disbursed under an instrument in the period between the instrument’s inception date and the reporting reference date, the settlement date is reported as “Non-applicable”. For an illustration of how the settlement date is reported for reporting reference dates before and after an instrument’s first usage, please refer to Table 13 and Table 14 in Example 4 where a credit line other than revolving credit is presented. For further examples of the settlement date, please refer also to Example 7 below. In cases where no amount has ever been drawn under the instrument prior to a reporting reference date, the settlement date is reported as “Non-applicable” at the reporting reference date Example 7: Determining the settlement date Bank A had entered into contract CNT#1 on 5 March for the following three instruments for the reporting period with reference date 31/03/2019: • a loan (Inst#1) where a fixed sum of €50,000 was disbursed to the customer on 15 March and repayments are made quarterly; • a financing arrangement with a line of credit (Inst#2) where the instrument has been physically created and funds were made available totalling €100,000 but the client has made no withdrawals yet; • a revolving line of credit (Inst#3) totalling €150,000 which was first activated on 7, whereas the client made two withdrawals on 9 and 23 March in the amounts of €30,000 and €40,000 respectively. Following the stated logic, Table 21 illustrates the settlement dates for the three instruments. Table 21 Determining the settlement date across products as of 31 March Reporting date Contract identifier Instrument identifier Outstanding nominal amount (financial dataset) Off-balance-sheet amount (financial dataset) Inception date (instrument dataset) Settlement date (instrument dataset) 31/03/2019 CNT#1 INST#1 50,000.00 “Non-applicable” 05/03/2019 15/03/2019 31/03/2019 CNT#1 INST#2 0.00 100,000.00 05/03/2019 “Non- applicable” 31/03/2019 CNT#1 INST#3 70,000.00 80,000.00 05/03/2019 07/03/2019 As can be seen, the determination of the settlement date varies depending on the type of instrument. Inception date Settlement date Disbursement of funds Limit=0 Reporting reference date 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes

Hiermit ist der Erfüllungstag gemeint. Üblicherweise spricht man auch von Valutierung oder erster Auszahlung. Der Abwicklungstermin eines Instruments ist der Tag, an dem das Instrument zum ersten Mal nach dem Vertragsabschluss verwendet oder in Anspruch genommen wird. In diesem Sinne ist es der Tag, an dem die Mittel (teilweise oder vollständig) ausgezahlt werden. Dabei ist zu beachten, dass sich der Abwicklungstermin auf das Instrument bezieht und nicht auf den Vertrag, auf dessen Grundlage das Instrument geschaffen wird. Anders als das Datum des Vertragsabschlusses, welches im Vertrag vermerkt ist, ist der Abwicklungstermin also instrumentenspezifisch und basiert auf der tatsächlichen Anwendung der im Vertrag aufgeführten Bestimmungen. Bei Kreditvereinbarungen mit fester Kreditsumme bezeichnet der Abwicklungstermin das Datum der ersten Auszahlung, sofern bereits Auszahlungen erfolgt sind. Bei revolvierenden Kreditinstrumenten (siehe „Art des Instruments“) entspricht der Abwicklungstermin dem ersten Tag, an dem der Schuldner Mittel in Anspruch nimmt. Deutsche Bundesbank Statistik Richtlinien Januar 2026 6.91 Kreditdaten- statistik Bei Überziehungen ohne vertraglich vereinbartes Kreditlimit ist der Abwicklungstermin der Tag, an dem der Sollsaldo (wie er zum Meldestichtag aussteht) gebildet wurde. In diesem speziellen Fall entspricht das Datum des Vertragsabschlusses dem Abwicklungstermin. In Fällen, in denen bis zum Meldestichtag für das Instrument keinerlei Mittel in Anspruch genommen oder ausgezahlt wurden, ist beim Abwicklungstermin „nicht zutreffend“ anzugeben. Im Falle eines Krediterwerbs, d. h. der wirtschaftlichen Übertragung des Instruments von einem Übertragenden an die beobachtete Einheit durch Eigentumswechsel oder Unterbeteiligung, bleibt der Abwicklungstermin für das Instrument unberührt.