> ## 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 sec CTP default risk charge bucket

<Badge color="gray" size="lg">[drc\_sa](../tags/drc-sa)</Badge>

|                 |                                                                                                                                             |
| --------------- | ------------------------------------------------------------------------------------------------------------------------------------------- |
| **Description** | The capital charge for default risk securitisations CTP at the bucket level                                                                 |
| **Reference**   | [\[MAR22.44\]](https://www.bis.org/basel_framework/chapter/MAR/22.htm?inforce=20230101\&published=20200327#paragraph_MAR_22_20230101_22_44) |
| **Notation**    | $DRC_b$                                                                                                                                     |
| **Formula**     | $\displaystyle DRC_b=RWnetJTD_{long,b} + HBR_{CTP}\cdot RWnetJTD_{short,b}$                                                                 |