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    Monthly Portfolio Report Summary January 2024

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    yaboya1485
    This report provides portfolio performance information for several credit card securitization transactions. Key metrics include pool balances, delinquency rates, payment rates, excess spreads, and retention of economic interest by the seller.

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    Monthly Portfolio Report Summary January 2024

    Uploaded by

    yaboya1485
    34 views1 page
    This report provides portfolio performance information for several credit card securitization transactions. Key metrics include pool balances, delinquency rates, payment rates, excess spreads, and retention of economic interest by the seller.

    Original Title

    Monthly_Portfolio_Report_Summary_January_2024

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    © © All Rights Reserved

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    This report provides portfolio performance information for several credit card securitization transactions. Key metrics include pool balances, delinquency rates, payment rates, excess spreads, and retention of economic interest by the seller.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    34 views1 page

    Monthly Portfolio Report Summary January 2024

    Uploaded by

    yaboya1485
    This report provides portfolio performance information for several credit card securitization transactions. Key metrics include pool balances, delinquency rates, payment rates, excess spreads, and retention of economic interest by the seller.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
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    Golden Credit Card Trust

    January 2024
    Investors' Monthly Portfolio Report Summary

    Pool Balance (Principal Receivables balance) at end of previous Determination Period $12,212,890,118.18
    Pool Balance (Principal Receivables balance) at end of current Determination Period $11,661,318,114.79
    Delinquency - 31 to 60 days 0.85%
    Delinquency - 61 to 90 days 0.54%
    Delinquency - over 90 days 0.74%
    Monthly Payment Rate 62.39%
    3 Month Average Payment Rate 62.23%
    Retained Interest % at end of current Determination Period(1) 48.61%
    Credit Risk Retention (Regulation RR):
    Seller’s Interest % at end of current Determination Period (2) 94.60%
    Seller's Interest % as of January 11, 2024(3) 94.16%

    Series Series 2021-1 (4)


    Series 2022-1 (4)
    Series 2022-3 (4)(11)
    Series 2022-4 (4)
    Series 2023-1 (4)(11)

    Class A Notes $1,260,000,000.00 (5)


    $635,900,000.00 (8)
    $1,315,000,000.00 (12)
    $1,044,000,000.00 (15)
    $1,348,100,000.00 (18)

    Class B Notes $60,642,540.00 (6)


    $30,604,595.20 (9)
    $63,288,770.00 (13)
    $50,246,000.00 (16)
    $64,882,000.00 (19)

    Class C Notes $26,952,660.00 (7)


    $13,603,172.80 (10)
    $28,128,342.00 (14)
    $22,332,000.00 (17)
    $28,837,000.00 (20)

    Expected Maturity Date Aug 17, 2026 Jan 15, 2027 Jul 16, 2029 Sep 15, 2025 Apr 17, 2028

    Portfolio Yield 25.95% 25.95% 25.95% 25.95% 25.95%


    Yield on Eligible Investments 0.00% 0.00% 0.00% 0.00% 0.00%
    Blended Coupon and Additional Funding Expenses 1.44% 2.32% 4.51% 4.50% 4.19%
    Charge-Offs 2.15% 2.15% 2.15% 2.15% 2.15%

    Excess Spread:
    Current 22.36% 21.48% 19.29% 19.30% 19.61%
    Dec 2023 21.00% 20.12% 17.92% 17.94% 18.25%
    Nov 2023 22.97% 22.08% 19.89% 19.91% 20.22%
    3 Month Average Excess Spread 22.11% 21.23% 19.03% 19.05% 19.36%

    Notes:
    (1) Calculated in accordance with the Transaction Documents, where the amount of the Retained Interest is equal to the Pool Balance less the sum of the Invested Amount of each Series. The Retained Interest percentage
    is equal to the amount of the Retained Interest divided by the Pool Balance.
    (2) Calculated in accordance with Regulation RR, where the Seller’s Interest percentage is equal to the amount of the Retained Interest (calculated as described in footnote (1) above) divided by the aggregate principal
    amount of each series of Notes. In determining the aggregate principal amount of each series of Notes, the rate of exchange of the Canadian dollar to the U.S. dollar in the swap agreement for such series of Notes has
    been used, where applicable.
    (3) Calculated in accordance with Regulation RR, where the Seller’s Interest is calculated as described in footnote (2) above and the Retained Interest is calculated as described in footnote (1) above, but using the Pool
    Balance as of December 31, 2023.
    (4) As of the date of this report, Royal Bank of Canada, as “originator” for the purposes of the EU Securitization Regulation and the UK Securitization Regulation, currently retains a material net economic interest that is not
    less than 5% of the nominal value of the securitized exposures, in the form of the Retained Interest which constitutes an originator’s interest as provided in paragraph (b) of Article 6(3) of the EU Securitization Regulation
    and the UK Securitization Regulation, which such interest is not hedged or otherwise mitigated except to the extent permitted by the applicable EU Retention Rules and the UK Retention Rules.
    (5) CAD equivalent of the USD 1 billion Class A notes issued on September 1, 2021.
    (6) CAD equivalent of the USD 48,129,000 Class B notes issued on September 1, 2021.
    (7) CAD equivalent of the USD 21,391,000 Class C notes issued on September 1, 2021.
    (8) CAD equivalent of the USD 500 million Class A notes issued on February 3, 2022.
    (9) CAD equivalent of the USD 24,064,000 Class B notes issued on February 3, 2022.
    (10) CAD equivalent of the USD 10,696,000 Class C notes issued on February 3, 2022.
    (11) As of the date of this report, Royal Bank of Canada, as “originator of the securitization transaction” for the purposes of the Japan Due Diligence and Retention Rules, continues to retain the Retained Interest.
    (12) CAD equivalent of the USD 1 billion Class A notes issued on July 22, 2022.
    (13) CAD equivalent of the USD 46,639,000 Class B notes that were converted from CAD to USD and issued on December 15, 2023.
    (14) CAD equivalent of the USD 20,728,000 Class C notes that were converted from CAD to USD and issued on December 15, 2023.
    (15) CAD equivalent of the USD 800 million Class A notes issued on September 16, 2022.
    (16) CAD equivalent of the USD 37,027,000 Class B notes that were converted from CAD to USD and issued on December 15, 2023.
    (17) CAD equivalent of the USD 16,453,000 Class C notes that were converted from CAD to USD and issued on December 15, 2023.
    (18) CAD equivalent of the USD 1 billion Class A notes issued on April 14, 2023.
    (19) CAD equivalent of the USD 47,813,000 Class B notes that were converted from CAD to USD and issued on December 15, 2023.
    (20) CAD equivalent of the USD 21,250,000 Class C notes that were converted from CAD to USD and issued on December 15, 2023.

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