> ## 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 net JTD long

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

|                 |                                                                                                                                             |
| --------------- | ------------------------------------------------------------------------------------------------------------------------------------------- |
| **Description** | The long net JTD for securitisations CTP                                                                                                    |
| **Variations**  | [netted](./netted), [reported](./reported)                                                                                                  |
| **Reference**   | [\[MAR22.39\]](https://www.bis.org/basel_framework/chapter/MAR/22.htm?inforce=20230101\&published=20200327#paragraph_MAR_22_20230101_22_39) |
| **Notation**    | $netJTD_{long}$                                                                                                                             |
| **Formula**     | $\displaystyle netJTD_{long}=\sum_{underlying}\text{max}\left( scaledGrossJTD_{undelying} ,0\right)$                                        |