{
  "version": 78,
  "as_of": "2026-10-27",
  "scope": "Israel synthetic reference loan, December 2025 anchors; partial calibration only",
  "primary_source_url": "https://www.boi.org.il/media/vw2jr2rx/%D7%9E%D7%A8%D7%9B%D7%96-%D7%90%D7%99%D7%95%D7%A8%D7%99%D7%9D.xlsx",
  "publication_url": "https://www.boi.org.il/roles/supervisionregulation/supervision-report_2025/",
  "source_sha256": "0a9646d9d6e2d698740dc45d030f52b13d35a335f16e6ce5574730adc427a79e",
  "method": "Direct XML extraction of numeric cached source cells; dates decoded with Excel 1900 epoch; no source workbook changes",
  "observations": [
    {
      "id": "pti",
      "value": 0.2934,
      "unit": "fraction",
      "date": "2025-12-01",
      "sheet": "ה23",
      "cell": "B4",
      "date_cell": "A4",
      "label": "שיעור החזר מהכנסה ממוצע",
      "source_display_percent": 29.34,
      "use": "calibration_target"
    },
    {
      "id": "ltv",
      "value": 0.5402581699825713,
      "unit": "fraction",
      "date": "2025-12-01",
      "sheet": "ה23",
      "cell": "C4",
      "date_cell": "A4",
      "label": "שיעור מימון ממוצע",
      "source_display_percent": 54.02581699825713,
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    },
    {
      "id": "fixed_unindexed_rate",
      "value": 0.04769999999999999,
      "unit": "fraction",
      "date": "2025-12-01",
      "sheet": "ה21",
      "cell": "D4",
      "date_cell": "A4",
      "label": "ריבית קבועה לא־צמודה",
      "source_display_percent": 4.77,
      "use": "calibration_target"
    },
    {
      "id": "prime_unindexed_rate",
      "value": 0.0504925193780491,
      "unit": "fraction",
      "date": "2025-12-01",
      "sheet": "ה21",
      "cell": "E4",
      "date_cell": "A4",
      "label": "ריבית משתנה לא־צמודה (פריים)",
      "source_display_percent": 5.04925193780491,
      "use": "calibration_target"
    },
    {
      "id": "housing_npl_stock",
      "value": 0.007059810788374043,
      "unit": "fraction",
      "date": "2025-12-31",
      "sheet": "ה25",
      "cell": "C4",
      "date_cell": "A4",
      "label": "למטרת מגורים",
      "source_display_percent": 0.7059810788374042,
      "use": "validation_reference_only_not_PD"
    }
  ],
  "blocked": [
    "PD from NPL stock",
    "default duration from 90-day classification",
    "LGD from credit loss provision",
    "household tenure weights from dwelling registry shares",
    "causal automation elasticities from these housing data"
  ]
}