If a financing company has a new funding program, is there a statistical method that can be used to construct a probability of default (PD) for IFRS 9 ECL calculation purposes? Considering that historical data is very minimal, less than one year. Thanks for your input!

  • $\begingroup$ Hi, is the company publicly traded? I wanted to ask if there could be CDS spreads out there that can be converted into short-term PD estimates. Because since your data is not much, I don't think a long-term estimate would be possible for PD. $\endgroup$
    – Kai
    Sep 26 at 15:31


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