Line4

1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

The sum of three rows cannot be more than own debt securities issued other than own covered bonds or securitisations, fair value of encumbered collateral received or own debt securities issued (EBA rule v2876_m)

A warning in the asset encumbrance return (AE), on templates F 32.02.a, asset encumbrance: encumbrance overview - collateral (a) and F 32.04.b, asset encumbrance: sources of encumbrance (b).

Check your file against this ruleWhat to do if it fails

The rule in plain words

These three added up cannot be more than own debt securities issued other than own covered bonds or securitisations, fair value of encumbered collateral received or own debt securities issued:

  • Derivatives, own debt securities encumbered
  • Collateralised deposits other than repurchase agreements, own debt securities encumbered
  • Repurchase agreements, own debt securities encumbered
How the Line4 Check report words itShow

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

F_32.04.B: Derivatives, Of which: own debt securities encumbered + F_32.04.B: Collateralised deposits other than repurchase agreements, Of which: own debt securities encumbered + F_32.04.B: Repurchase agreements, Of which: own debt securities encumbered <= F_32.02.A: Own debt securities issued other than own covered bonds or securitisations, Fair value of encumbered collateral received or own debt securities issued

What to do if your filing fails it

  1. 01Open the templates below and find the cells the rule reads.
  2. 02Compare the values in your file. If the first is bigger than it may be, one of them is wrong: check both before you change either.
  3. 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  4. 04It runs only when your filing indicators mark F 32.04 and F 32.02 as reported.
  5. 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

Asset encumbrance: encumbrance overview - collateral (a) (F 32.02.a)

Row

  • 0240Own debt securities issued other than own covered bonds or securitisations

Column

  • 0010Fair value of encumbered collateral received or own debt securities issued

Asset encumbrance: sources of encumbrance (b) (F 32.04.b)

Rows

  • 0020Derivatives
  • 0050Repurchase agreements
  • 0070Collateralised deposits other than repurchase agreements

Column

  • 0050Of which: own debt securities encumbered

A worked example

The first of its checks, with simple numbers.

Illustrative values
Derivatives, own debt securities encumbered1,200
Collateralised deposits other than repurchase agreements, own debt securities encumbered800
Repurchase agreements, own debt securities encumbered450
Together2,450
What the rule then expects

Own debt securities issued other than own covered bonds or securitisations, fair value of encumbered collateral received or own debt securities issued must then be at least 2,450.

2,450Passes
2,350Fails

A file that reports 2,450 passes. One that reports 2,350 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}.

sum({F_32.04.b,r0020,c0050,},{F_32.04.b,r0070,c0050,},{F_32.04.b,r0050,c0050,}) <= {F_32.02.a,r0240,c0010,}

Every AE rule, by template

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