Credit Debt & Financial Instruments

Findings

Catalogue-native findings must describe the information grouped by each layer. This legacy version does not declare them separately.

Questions & artifacts

Questions, artifact requirements and serial naming rules are required by Vercy vNext; they remain unassigned in this reference version.

Dimension & namespace

• REFERENCE `world.agreement` (R2): every instrument is anchored to the recorded agreement that creates its obligations.
• REFERENCE `world.money` (F2): interest, principal and settlement flows are payments in the money model; amounts COMPOSE the F2 money value object.
• REFERENCE `world.landParcel` (P2): mortgage pledges attach to identified parcels and their registered rights.
• REFERENCE `world.person` (M1): natural persons as holders and obligors, resolved by reference.
• REFERENCE `world.organization` (O1): issuers, obligors and intermediaries as organizations.
• imports: ISO 20022 (ALIGN): securities and servicing message semantics.
• imports: OMG FIGI (REFERENCE): externally governed instrument identifiers.
• imports: ISO 17442 LEI (REFERENCE): externally governed party identifiers.
• imports: ISO 6166 ISIN (REFERENCE): externally governed security identification.

Canon, patches & standards

• REFERENCE `world.agreement` (R2): every instrument is anchored to the recorded agreement that creates its obligations.
• REFERENCE `world.money` (F2): interest, principal and settlement flows are payments in the money model; amounts COMPOSE the F2 money value object.
• REFERENCE `world.landParcel` (P2): mortgage pledges attach to identified parcels and their registered rights.
• REFERENCE `world.person` (M1): natural persons as holders and obligors, resolved by reference.
• REFERENCE `world.organization` (O1): issuers, obligors and intermediaries as organizations.
• imports: ISO 20022 (ALIGN): securities and servicing message semantics.
• imports: OMG FIGI (REFERENCE): externally governed instrument identifiers.
• imports: ISO 17442 LEI (REFERENCE): externally governed party identifiers.
• imports: ISO 6166 ISIN (REFERENCE): externally governed security identification.

Artifact formats & serial data

Format-independent core. Concrete artifact formats and naming prefixes are not declared in this legacy version.

Policies & accepted processes

• `bilateralPositionAccess`: issuer and holder each read their own side of a position; neither sees the other's full book.
• `collateralStatusVerification`: a party with a legitimate interest verifies whether an asset is already pledged.
• `aggregateExposureStatistics`: sector and territory level exposure aggregates with all parties anonymized.

Read / add / edit / delete

CRUD procedures and interface bindings are not declared in this legacy version.

Ownership, roles & access

Stewardship is bilateral: the issuer stewards the instrument and obligation records, the holder stewards its holdings, and each sees the shared position only through the bilateral contract. Access follows the catalogue's S1/S2 ownership and access models, anchored to the underlying R2 agreement, with position access audited via S4.

Objects

• `financialInstrument`: a claim contract in a defined form; key attributes: instrumentType, identifier (ISIN/FIGI), currency, terms.
• `issuance`: the act and record of bringing an instrument into existence; key attributes: issuerRef, issueDate, issueSize, agreementRef.
• `holding`: a party's asset position in an instrument; key attributes: holderRef, quantity, acquiredAt.
• `obligation`: a party's liability under an instrument; key attributes: obligorRef, outstandingAmount, dueSchedule, status.
• `repaymentSchedule`: the planned stream of servicing flows for an obligation; key attributes: frequency, installmentAmount, finalMaturity.
• `collateralPledge`: an asset pledged to secure an obligation; key attributes: assetRef, pledgeType, pledgedValue.
• `corporateAction`: a lifecycle modification of an instrument; key attributes: actionType, effectiveDate, terms.

Relationships

• `issuance` -> creates -> `financialInstrument` (1:n): the instruments brought into existence by an issue.
• `holding` -> positionsIn -> `financialInstrument` (n:1): the asset side of a position.
• `obligation` -> arisesUnder -> `financialInstrument` (n:1): the liability side of a position.
• `repaymentSchedule` -> plans -> `obligation` (1:1): the servicing plan of a liability.
• `collateralPledge` -> secures -> `obligation` (n:m): pledges backing one or more obligations.
• `corporateAction` -> modifies -> `financialInstrument` (n:1): splits, calls, conversions and similar changes.

Events

• `instrumentIssued`: an instrument came into existence and initial holdings were allocated.
• `interestPaid`: a servicing flow was paid on schedule or otherwise.
• `principalRepaid`: outstanding principal was reduced.
• `holdingTransferred`: an asset position moved between holders.
• `collateralPledged`: an asset was pledged against an obligation.
• `collateralReleased`: a pledge was discharged.
• `defaultRecorded`: an obligor failed to meet a due obligation.
• `instrumentMatured`: an instrument reached the end of its life and positions closed.

Projections

• `holderPortfolioView`: one holder's instruments, holdings and expected flows; omits other holders and issuer internals.
• `issuerLiabilityView`: one issuer's outstanding instruments, obligations and schedules; omits holder identities beyond what the register requires.
• `systemicAggregateView`: anonymized totals of debt stock, maturity walls and collateral coverage for analysis; omits all position identity.