On the basis of Council Directive 2011/85/EU of 8 November 2011 on requirements for budgetary frameworks of the Member States, Slovak Republic publishes following information:
Standardised guarantees are guarantees that are issued in large numbers, usually for fairly small amounts, along identical lines. It is not possible to estimate precisely the risk of each loan being in default but it is possible to estimate how many, out of a large number of such loans, will default.
A one-off guarantee is defined as individual, and guarantors are not able to make a reliable estimate of the risk of calls. One-off guarantees are linked to debt instruments (e.g. loans, bonds).
The data do not include: government guarantees issued within the guarantee EFSF, derivative-type guarantees, deposit insurance guarantees, government guarantees issued on events which occurrence is very difficult to cover via commercial insurance (earth quakes, large scale flooding, etc.)
The tables covers guarantees provided only to units classified outside general government are to be reported.
The data are obtained from notes from general financial statements of general government units for the budgetary and semi-budgetary organizations central and local government.
Off balance sheet PPPs
Initial contractual capital value in the contract, progressively reduced over time on the basis of estimates or actual data (in order to better reflect the GFCF and debt impact in case government would take over the assets during the life of the contract).
The data are obtained from Ministry of Transport Construction and Regional Development of the Slovak Republic.
SNA 2088, §13.66: A loan is non-performing when payments of interest or principal are past due by 90 days or more, or interest payments equal to 90 days or more have been capitalized, refinanced, or delayed by agreement, or payments are less than 90 days overdue, but there are other good reasons (such as a debtor filing for bankruptcy) to doubt that payments will be made in full.
The data about guarantees, off balance sheet PPPs and non-performing loans are published yearly, 10 months after the end of the reference period.
The data about guarantees, off balance sheet PPPs and non-performing loans are disseminated in % of GDP, which is notified by Eurostat in autumn notification.