The rule in plain words
Available stable funding must equal < 6 months, amount times < 6 months, applicable ASF factor plus ≥ 6 months to < 1 year, amount times ≥ 6 months to < 1 year, applicable ASF factor plus ≥ 1 year, amount times ≥ 1 year, applicable ASF factor.
EBA checks it for twelve rows, from retail bonds (0080) to operational deposits (0280). That makes twelve checks. A failure names the one that failed.
The headline gives only the kind of check and the template, because the rule is too long to say in a headline. The plain words above say all of it.
How the Line4 Check report words itShowHide
The first of its checks, word for word as the report shows it when it fails. The others read the same, with their own column, row or sheet.
Of which, securities financing transactions, Available stable funding = of which, securities financing transactions, Amount, < 6 months × of which, securities financing transactions, Applicable ASF factor, < 6 months + of which, securities financing transactions, Amount, ≥ 6 months to < 1 year × of which, securities financing transactions, Applicable ASF factor, ≥ 6 months to < 1 year + of which, securities financing transactions, Amount, ≥ 1 year × of which, securities financing transactions, Applicable ASF factor, ≥ 1 year
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Work out both sides from your file, as the rule in plain words sets out, and compare them.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark C 81.00 as reported.
- 05This is a warning. It does not stop the filing on its own, but your authority may ask you to explain it.
The cells it reads
NSFR - available stable funding (I), total (C 81.00.a)
Rows
- 0080of which, retail bonds
- 0090Stable retail deposits
- 0110Other retail deposits
- 0140of which, securities financing transactions
- 0160Liabilities provided by the central government of a Member State or a third country
- 0170Liabilities provided by regional governments or local authorities of a Member State or a third country
- 0180Liabilities provided by public sector entities of a Member State or a third country
- 0190Liabilities provided by multilateral development banks and international organisations
- 0200Liabilities provided by non-financial corporate customers
- 0210Liabilities provided by credit unions, personal investment companies and deposit brokers
- 0220ASF from liabilities and committed facilities within a group or an IPS if subject to preferential treatment
- 0280Operational deposits
Columns
- 0010< 6 months
- 0020≥ 6 months to < 1 year
- 0030≥ 1 year
- 0070< 6 months
- 0080≥ 6 months to < 1 year
- 0090≥ 1 year
- 0100Available stable funding
Show the rule as writtenShowHide
EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{C_81.00.a,r0140,c0100,} = {C_81.00.a,r0140,c0010,} * {C_81.00.a,r0140,c0070,} + {C_81.00.a,r0140,c0020,} * {C_81.00.a,r0140,c0080,} + {C_81.00.a,r0140,c0030,} * {C_81.00.a,r0140,c0090,}The next five:
{C_81.00.a,r0090,c0100,} = {C_81.00.a,r0090,c0010,} * {C_81.00.a,r0090,c0070,} + {C_81.00.a,r0090,c0020,} * {C_81.00.a,r0090,c0080,} + {C_81.00.a,r0090,c0030,} * {C_81.00.a,r0090,c0090,}{C_81.00.a,r0160,c0100,} = {C_81.00.a,r0160,c0010,} * {C_81.00.a,r0160,c0070,} + {C_81.00.a,r0160,c0020,} * {C_81.00.a,r0160,c0080,} + {C_81.00.a,r0160,c0030,} * {C_81.00.a,r0160,c0090,}{C_81.00.a,r0180,c0100,} = {C_81.00.a,r0180,c0010,} * {C_81.00.a,r0180,c0070,} + {C_81.00.a,r0180,c0020,} * {C_81.00.a,r0180,c0080,} + {C_81.00.a,r0180,c0030,} * {C_81.00.a,r0180,c0090,}{C_81.00.a,r0110,c0100,} = {C_81.00.a,r0110,c0010,} * {C_81.00.a,r0110,c0070,} + {C_81.00.a,r0110,c0020,} * {C_81.00.a,r0110,c0080,} + {C_81.00.a,r0110,c0030,} * {C_81.00.a,r0110,c0090,}{C_81.00.a,r0190,c0100,} = {C_81.00.a,r0190,c0010,} * {C_81.00.a,r0190,c0070,} + {C_81.00.a,r0190,c0020,} * {C_81.00.a,r0190,c0080,} + {C_81.00.a,r0190,c0030,} * {C_81.00.a,r0190,c0090,}And 6 more, the same formula for the other cells it covers.
Other rules on C 81.00.a
- ASF from capital items and instruments must equal the sum of its four parts (v10036_m)Warning
- ASF from retail deposits must equal stable retail deposits plus other retail deposits (v10037_m)Warning
- ASF from retail deposits cannot be less than retail bonds (v10038_m)Warning
- Stable retail deposits cannot be less than with a material early withdrawable penalty (v10039_m)Warning
- Other retail deposits cannot be less than with a material early withdrawable penalty (v10040_m)Warning
- ASF from other non-financial customers (except central banks) must equal the sum of its six parts (v10041_m)Warning
- ASF from other non-financial customers (except central banks) cannot be less than securities financing transactions (v10042_m)Warning
- ASF from other non-financial customers (except central banks) cannot be less than operational deposits (v10043_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.