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1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Own covered bonds and securitisations issued and not yet pledged must equal the sum of its two parts (F 32.03.a, EBA rule v2838_m)

A warning in the asset encumbrance return (AE), on template F 32.03.a, asset encumbrance: not pledged, own covered bonds and ABS issued and not yet pledged (a).

Check your file against this ruleWhat to do if it fails

The rule in plain words

Own covered bonds and securitisations issued and not yet pledged must equal retained securitisations issued plus retained covered bonds issued.

All the values are in the carrying amount of the underlying pool of assets column (0010) of F 32.03.a.

How the Line4 Check report words itShow

Word for word as the report shows it when the rule fails.

Carrying amount of the underlying pool of assets: Own covered bonds and securitisations issued and not yet pledged = Retained securitisations issued + Retained covered bonds issued

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Add up the parts in your file and compare the result with the total.
  3. 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.
  4. 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  5. 05It runs only when your filing indicators mark F 32.03 as reported.
  6. 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

Asset encumbrance: not pledged, own covered bonds and ABS issued and not yet pledged (a) (F 32.03.a)

Rows

  • 0010Own covered bonds and securitisations issued and not yet pledged
  • 0020Retained covered bonds issued
  • 0030Retained securitisations issued

Column

  • 0010Carrying amount of the underlying pool of assets

A worked example

The first of its checks, with simple numbers.

Illustrative values
Retained securitisations issued1,200
Retained covered bonds issued800
Together2,000
What the rule then expects

Own covered bonds and securitisations issued and not yet pledged must then be 2,000.

2,000Passes
2,100Fails

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 writtenShow

EBA's formula. Cells are written as {template, row, column, sheet}.

{F_32.03.a,r0010,c0010,} = sum({F_32.03.a,r0030,c0010,},{F_32.03.a,r0020,c0010,})

Every AE rule, by template

Checks like this one, run at the point of submission, are the first step to real-time supervision.