+Article 361 Extended maturity ladder approach

Article 361 Extended maturity ladder approach

Article 361

Extended maturity ladder approach

Institutions may use the minimum spread, carry and outright rates set out in the following Table 2 instead of those indicated in Article 359 provided that the institutions:

(a) 

undertake significant commodities business;

(b) 

have an appropriately diversified commodities portfolio.

▼M17 —————

▼C2



Table 2

 

Precious metals (except gold)

Base metals

Agricultural products (softs)

Other, including energy products

Spread rate (%)

1,0

1,2

1,5

1,5

Carry rate (%)

0,3

0,5

0,6

0,6

Outright rate (%)

8

10

12

15

▼M17

Institutions shall notify the use they make of this Article to their competent authorities.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards