Take the 2-minute tour ×
Quantitative Finance Stack Exchange is a question and answer site for finance professionals and academics. It's 100% free, no registration required.

I have been told that under Basel II the minimum PD that one can assign to any portfolio/segment classified under the retail asset class is 0.33%.

But Google searches return nothing and I can't seem to find any references to it in the accord document?

Is this true and where is it mentioned in the accord?

share|improve this question
    
what does PD mean ? –  Probilitator Mar 14 at 8:37
    
@Probilitator: I would guess "probability of default". –  Joshua Ulrich Mar 23 at 14:22

Your Answer

 
discard

By posting your answer, you agree to the privacy policy and terms of service.

Browse other questions tagged or ask your own question.