The rule in plain words
Cumulated Counterbalancing Capacity, overnight must equal cumulated Counterbalancing Capacity, initial stock plus net change of Counterbalancing Capacity, overnight.
All the values are on the total currencies sheet (0010).
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
C_66.01.A: Cumulated Counterbalancing Capacity, Overnight, Total currencies = C_66.01.B: Cumulated Counterbalancing Capacity, Total currencies + C_66.01.A: Net change of Counterbalancing Capacity, Overnight, Total currencies
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Add up the parts in your file and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark C 66.01 as reported.
- 06This 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
Maturity ladder, total, overnight and higher maturity (C 66.01.a)
Rows
- 1070Net change of Counterbalancing Capacity
- 1080Cumulated Counterbalancing Capacity
Column
- 0020Overnight
Sheet
- 0010Total currencies
Maturity ladder, total, initial stock (C 66.01.b)
Row
- 1080Cumulated Counterbalancing Capacity
Column
- 0010Initial stock
Sheet
- 0010Total currencies
A worked example
The first of its checks, with simple numbers.
Cumulated Counterbalancing Capacity, overnight must then be 2,000.
A file that reports 2,000 passes. One that reports 2,100 fails, by 100.
The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{C_66.01.a,r1080,c0020,s0010} = {C_66.01.b,r1080,c0010,s0010} + {C_66.01.a,r1070,c0020,s0010}Other rules on C 66.01.a
- Cumulated net contractual gap must equal net contractual gap (v10658_m)Warning
- Liabilities resulting from secured lending and capital market driven transactions collateralised by (counterparty is non, central Bank) must equal the sum of its five parts (v11477_m)Warning
- Liabilities resulting from secured lending and capital market driven transactions collateralised by (counterparty is central Bank) must equal the sum of its five parts (v11479_m)Warning
- Liabilities resulting from secured lending and capital market driven transactions collateralised by (counterparty is non - central Bank): level 1 tradable assets must equal the sum of its two parts (v11481_m)Warning
- Level 1 excluding covered bonds must equal the sum of its four parts (row 0085, v11483_m)Warning
- Liabilities resulting from secured lending and capital market driven transactions collateralised by (counterparty is non - central Bank): level 2A tradable assets must equal the sum of its three parts (v11485_m)Warning
- Liabilities resulting from secured lending and capital market driven transactions collateralised by (counterparty is non - central Bank): level 2B tradable assets must equal the sum of its five parts (v11487_m)Warning
- Liabilities resulting from securities issued (if not treated as retail deposits) cannot be less than intragroup or IPS (v11489_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.