19. The amortised amount of the T2 instruments should also be subject to the same treatment as the …

The amortised amount of the T2 instruments should also be subject to the same treatment as the amount of the T2 instruments included in own funds when the amortisation regime is applied to a grandfathered instrument. In this case, applying guiding rules 1 and 2 and in line with the creditor hierarchy, the full nominal amount of a grandfathered T2 instrument subject to the amortisation regime should be subject to the same treatment as equally ranking T2 instruments in order to determine the sequence and amount of writedown and conversion.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/