Level 1 liquid assets: Difference between revisions
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imported>Doug Williamson (Create the page. Source: Bank of England http://www.bankofengland.co.uk/pra/Documents/publications/ps/2015/ps1115.pdf) |
imported>Doug Williamson (Expand.) |
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Level 1 liquid assets are mostly high quality central government obligations, with a Credit Quality Step (CQS) of 1, and certain other qualifications. | Level 1 liquid assets are mostly high quality central government obligations, with a Credit Quality Step (CQS) of 1, and certain other qualifications. | ||
They are eligible for inclusion in the calculation of a bank's High Quality Liquid Assets (HQLAs) either in full, or with only a small haircut. | |||
== See also == | == See also == | ||
* [[Credit Quality Step]] | * [[Credit Quality Step]] | ||
* [[ | * [[Haircut]] | ||
* [[High Quality Liquid Assets]] | |||
* [[Level 1A liquid assets]] | * [[Level 1A liquid assets]] | ||
* [[Level 1B liquid assets]] | * [[Level 1B liquid assets]] | ||
* [[Level 2 liquid assets]] | * [[Level 2 liquid assets]] | ||
* [[Liquidity buffer]] | * [[Liquidity buffer]] | ||
Revision as of 15:31, 13 November 2016
Bank regulation - liquidity
Level 1 liquid assets are those of the highest liquidity quality.
Level 1 liquid assets are mostly high quality central government obligations, with a Credit Quality Step (CQS) of 1, and certain other qualifications.
They are eligible for inclusion in the calculation of a bank's High Quality Liquid Assets (HQLAs) either in full, or with only a small haircut.
