+Section 2 Available stable funding factors
---+Article 428al 0 % available stable funding factor
------+Article 428al 1.
------+Article 428al 2.
------+Article 428al 3.
------+Article 428al 4.
---+Article 428am 50 % available stable funding factor
---+Article 428an 90 % available stable funding factor
---+Article 428ao 95 % available stable funding factor
---+Article 428ap 100 % available stable funding factor

Section 2 Available stable funding factors

Section 2 Available stable funding factors

1. Overview

,
Article 428al 0 % available stable funding factor
Article 428am 50 % available stable funding factor

Article 428am

50 % available stable funding factor

▼C7

The following liabilities and capital items or instruments shall be subject to a 50 % available stable funding factor:

▼M8

(a) 

deposits received that fulfil the criteria for operational deposits set out in the delegated act referred to in Article 460(1);

(b) 

▼C7

liabilities and capital items or instruments with a residual maturity of less than one year provided by:

▼M8

(i) 

the central government of a Member State or of a third country;

(ii) 

regional governments or local authorities in a Member State or in a third country;

(iii) 

public sector entities of a Member State or of a third country;

(iv) 

multilateral development banks referred to in Article 117(2) and international organisations referred to in Article 118;

(v) 

non-financial corporate customers;

(vi) 

credit unions authorised by a competent authority, personal investment companies and clients that are deposit brokers, with the exception of deposits received, that fulfil the criteria for operational deposits as set out in the delegated act referred to in Article 460(1).
Article 428an 90 % available stable funding factor

Article 428an

90 % available stable funding factor

Sight retail deposits, retail deposits with a fixed notice period of less than one year and term retail deposits having a residual maturity of less than one year that fulfil the relevant criteria for other retail deposits set out in the delegated act referred to in Article 460(1) shall be subject to a 90 % available stable funding factor.
Article 428ao 95 % available stable funding factor

Article 428ao

95 % available stable funding factor

Sight retail deposits, retail deposits with a fixed notice period of less than one year and term retail deposits having a residual maturity of less than one year that fulfil the relevant criteria for stable retail deposits set out in the delegated act referred to in Article 460(1) shall be subject to a 95 % available stable funding factor.
Article 428ap 100 % available stable funding factor

Article 428ap

100 % available stable funding factor

The following liabilities and capital items and instruments shall be subject to a 100 % available stable funding factor:

(a) 

the Common Equity Tier 1 items of the institution before the adjustments required pursuant to Articles 32 to 35, the deductions pursuant to Article 36 and the application of the exemptions and alternatives laid down in Articles 48, 49 and 79;

(b) 

the Additional Tier 1 items of the institution before the deduction of the items referred to in Article 56 and before Article 79 has been applied thereto, excluding any instruments with explicit or embedded options that, if exercised, would reduce the effective residual maturity to less than one year;

(c) 

the Tier 2 items of the institution before the deductions referred to in Article 66 and before the application of Article 79, having a residual maturity of one year or more, excluding any instruments with explicit or embedded options that, if exercised, would reduce the effective residual maturity to less than one year;

(d) 

any other capital instruments of the institution with a residual maturity of one year or more, excluding any instruments with explicit or embedded options that, if exercised, would reduce the effective residual maturity to less than one year;

(e) 

any other secured and unsecured borrowings and liabilities with a residual maturity of one year or more, including term deposits, unless otherwise specified in Articles 428al to 428ao.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards