As part of the ongoing review of its European investor reporting package (E-IRP), CMSA Europe today announced the addition of a new bond level file that will provide investors with an additional level of transparency. The file reports items such as updated note balances, the amount of interest and principal received on the notes, and other information typically contained in a statement to noteholders. It also contains note ratings whenever provided by the rating agencies to the cash manager
"The data captured in this file is extremely important information to bond holders," said CMSA E-IRP Committee Chairman Jaymon Jones. "It gives up-to-date information on the status of vital data relevant to investor decisions. I encourage market participants to review the file and utilize this new Bond Level File along with the standards set forth in the initial release of the CMSA E-IRP."