Line4

1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

None of the twelve values it checks in asset encumbrance: covered bonds issuance (d) can be negative (F 35.00.d, EBA rule v4383_s)

A warning in the asset encumbrance return (AE), on template F 35.00.d, asset encumbrance: covered bonds issuance (d).

Check your file against this ruleWhat to do if it fails

The rule in plain words

None of the values it checks in asset encumbrance: covered bonds issuance (d) can be negative.

EBA checks it for four columns: as per the relevant statutory covered bond regime, credit rating agency 1, credit rating agency 2 and credit rating agency 3. And for three rows: nominal amount, present value (swap) / market value and asset-specific value. That makes twelve checks. A failure names the one that failed.

How the Line4 Check report words itShow

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.

as per the relevant statutory covered bond regime: Nominal amount >= 0

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
  3. 03EBA compares the values exactly here: there is no rounding tolerance.
  4. 04It runs only when your filing indicators mark F 35.00 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: covered bonds issuance (d) (F 35.00.d)

Rows

  • 0010Nominal amount
  • 0020Present value (swap) / Market value
  • 0030Asset-specific value

Columns

  • 0220as per the relevant statutory covered bond regime
  • 0230Credit rating agency 1
  • 0240Credit rating agency 2
  • 0250Credit rating agency 3

A worked example

The first of its checks, with simple numbers.

What the rule then expects

Nominal amount, as per the relevant statutory covered bond regime must then be at least 0.

0Passes
-100Fails

A file that reports 0 passes. One that reports -100 fails, by 100.

The numbers are illustrative.

Show the rule as writtenShow

EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.

{F_35.00.d,r0010,c0220,} >= 0

The next five:

{F_35.00.d,r0010,c0230,} >= 0{F_35.00.d,r0020,c0220,} >= 0{F_35.00.d,r0020,c0240,} >= 0{F_35.00.d,r0030,c0240,} >= 0{F_35.00.d,r0010,c0250,} >= 0

And 6 more, the same formula for the other cells it covers.

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