> ## Documentation Index
> Fetch the complete documentation index at: https://docs.activeviam.com/llms.txt
> Use this file to discover all available pages before exploring further.

# DRC seniority description

> Reference for the DRC Seniority Description configuration file, which ranks debt seniority levels (equity, junior debt, senior debt, covered bonds) to determine whether long and short jump-to-default exposures can be netted.

export function renderConfigIntro(fileName, description, storeName = "") {
  const cleanDescription = (description ?? "").trim();
  const sentence = cleanDescription && !cleanDescription.endsWith(".") ? `${cleanDescription}.` : cleanDescription;
  const cleanStore = (storeName ?? "").trim();
  return <p>
      The <strong>{fileName}.csv</strong> file {sentence}
      {cleanStore ? <>
          {" "}
          It is loaded into the <strong>{cleanStore}</strong> store.
        </> : null}
    </p>;
}

{renderConfigIntro("DRC Seniority Description", "provides a ranking of seniorities that can be used when calculating the DRC non-Sec net JTD.", "SeniorityDescription")}

## File format

| Field name     | Description                                                                                                                                                                                                                                   |
| -------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Seniority      | Seniority of the exposure (matches values for DRC non-Sec rows in the DRC trade-level file)                                                                                                                                                   |
| Ranking Weight | Integer value, represents the ranking to be used in determining whether it’s possible to net long vs short JTD:<br />\* lower values for more senior exposure<br />\* higher values for more junior exposure<br />\* highest value for equity |