+Article 197 4.

Article 197 4.

An institution may use debt securities that are issued by other institutions or investment firms and that do not have a credit assessment by an ECAI as eligible collateral where those debt securities fulfil all the following criteria:

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(a) 

they are listed on a recognised exchange;

(b) 

they qualify as senior debt;

(c) 

all other rated issues by the issuing institution of the same seniority have a credit assessment by an ECAI which has been determined by EBA to be associated with credit quality step 3 or above under the rules for the risk weighting of exposures to institutions or short term exposures under Chapter 2;

(d) 

the lending institution has no information to suggest that the issue would justify a credit assessment below that indicated in point (c);

(e) 

the market liquidity of the instrument is sufficient for these purposes.

1. Übersicht

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1.1 Referenzen

1.2 Identifizierte Anforderungen

1.3 Zugehörige Standards

2. Identifizierte Anforderungen

Anforderungen

3. Zugehörige Standards

Standards