Article 428aa 30% Required Stable Funding Factor

The following assets shall be subject to a 30% required stable funding factor:

  1. (a) unencumbered high quality covered bonds pursuant to Chapter 2 of the Liquidity Coverage Ratio (CRR) Part of the PRA Rulebook, regardless of whether they comply with the operational requirements and with the requirements on the composition of the liquidity buffer as set out in that Chapter;
  2. (b) unencumbered shares or units in CIUs that are eligible for a 30% haircut for the calculation of the liquidity coverage ratio in accordance with Chapter 2 of the Liquidity Coverage Ratio (CRR) Part of the PRA Rulebook, regardless of whether they comply with the operational requirements and with the requirements on the composition of the liquidity buffer as set out in that Chapter;
  3. (c) trade finance on-balance sheet related products with non-financial customers with a residual maturity of less than six months.