Loss Given Default

[[email protected]]

Hi,

I was wondering if there are any spreadsheets regarding LGD, PD, etc?


Thank you

Wayne

 

[Nicole Seaman]

Hello @[email protected]

If you go into the study planner under Credit Risk Management & Management, you will see spreadsheet bundles under the Topic Review. You will find LGD and PD under the T6.c spreadsheet bundle.

Hope that helps!

Nicole

 

[[email protected]]

No wonder I couldn't access it. It is for Part 2 candidates only?

The spreadsheet is labelled part 1 but it is in the part 2 section

 

[Nicole Seaman]

@[email protected]

Looking at the GARP curriculum, this is part of the Part 2 curriculum under Topic 6 and 8. I am not finding them under the Part 1 curriculum. They may be mis-labeled in the study planner (they may have been in Part 1 at some point so were labeled that way) but regardless of the label in the study planner, LGD and PD are included in Part 2. @David Harper CFA FRM do you have any input on this, as you would know better than me if these spreadsheets were once included in Part 1.

Thank you,

Nicole

 

[David Harper CFA FRM]

Hi @[email protected] and @Nicole Manley

Nicole is correct (of course!). While loss given default is qualitatively introduced in Part 1 (namely, via recovery rate in Topic 3), LGD is located firmly in Part 2's Credit Risk (P2.T6.). Thanks!

 

[Nicole Seaman]

@David Harper CFA FRM

Thank you for confirming! I will also go into the study planner and fix the labels from P1 to P2, since that must be just a typo on my end

 

[[email protected]]

thank you both for fast responses