NAV & valuation

Net asset value (NAV) concepts on KIBOV refer to reported valuations of pool assets and liabilities on a defined basis (e.g., daily, weekly), subject to data feeds, servicer reporting, and control procedures described per program.

Methodology (high level)

Valuation may combine:

• Servicer-reported balances and collections.
• Independent or platform-controlled pricing inputs where applicable.
• Oracle or reference rates for FX or index components when disclosed.

Methodology details belong in pool-specific documentation and data dictionaries—not generalized here.

Limitations

• NAV is not a guarantee of liquidation value.
• Stale or corrected data may trigger restatements.
• Oracle / RPC or third-party outages may delay updates.

FX and rounding

Where multi-currency exposures exist, conversion rules and rounding are defined in program materials. Basis points and precision matter for institutional reconciliation—use exports and statements provided in-app where available.

Regulatory and legal refinement. NAV definitions and accounting policy must be signed off by finance and external auditors where required.