Chart 4
Chart 4 shows the average PDs (non-defaulted) for all participating institutions. PDs are based on drawn, undrawn, repo-style transactions, OTC derivatives, PFGs, and other off-balance sheet items. Individual institutions' values are not shown. Only a range is provided. The 25th and 75th percentiles and medians are also shown for each portfolio. The values of the percentiles and medians are provided in Tables B and C.

The range for the Corporate-Bank-Sovereign portfolio extends from about 3 percent to about 0 percent.

The range for the SME portfolio extends from about 4.5 percent to about 0.5 percent.

The range for the HVCRE portfolio extends from about 3.5 percent to about 0.5 percent.

The range for the IPRE portfolio extends from about 2 percent to about 0.5 percent.

The range for the HELOC portfolio extends from about 2 percent to about 0 percent.

The range for the Other mortgage portfolio extends from about 4.5 percent to about 0 percent.

The range for the QRE portfolio extends from about 10 percent to about 0.5 percent.

The range for the Other retail portfolio extends from about 9 percent to about 0.5 percent.

The range for the RBE portfolio extends from about 8.5 percent to about 0 percent.