The rule in plain words
If level 1 EHQ covered bonds collateral is not zero, level 1 EHQ covered bonds collateral must be at least 0.07; otherwise if level 2A collateral is not zero, level 2A collateral must be at least 0.15; otherwise if derogated stable deposits is not zero, derogated stable deposits must be at least 0.03.
All the values are in the applicable weight column (0050) of C 73.00.w.
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
Word for word as the report shows it when the rule fails.
Applicable weight: If level 1 EHQ Covered Bonds collateral != 0, then level 1 EHQ Covered Bonds collateral >= 0.07, otherwise if level 2A collateral != 0, then level 2A collateral >= 0.15, otherwise if derogated stable deposits != 0, then derogated stable deposits >= 0.03
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02The check applies only when its first part holds in your file. When it does, the second part must hold too: fix the second part, or correct the first.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark C 73.00 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
Liquidity coverage, outflows, significant currencies (DA) (C 73.00.w)
Rows
- 0090derogated stable deposits
- 1040level 1 EHQ Covered Bonds collateral
- 1050level 2A collateral
Column
- 0050Applicable weight
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
if (({C_73.00.w,r1040,c0050,} != 0)) then (({C_73.00.w,r1040,c0050,} >= 0.07)) else (if (({C_73.00.w,r1050,c0050,} != 0)) then (({C_73.00.w,r1050,c0050,} >= 0.15)) else (if (({C_73.00.w,r0090,c0050,} != 0)) then (({C_73.00.w,r0090,c0050,} >= 0.03)) else True))Other rules on C 73.00.w
- Applicable weight must be at least 0.1 (v7622_m)Warning
- Applicable weight must be at least 0.3 (v7624_m)Warning
- Counterparty is non-central bank: applicable weight must be at least 0.25 (v7621_m)Warning
- Level 2B asset-backed securities (commercial or individuals, Member State, CQS1) collateral, applicable weight must be at least 0.35 (v7625_m)Warning
- Applicable weight must be at least 0.4 (v7620_m)Warning
- Category 1, applicable weight must be between 0.1 and 0.15 (v7626_m)Warning
- Operational deposits maintained for clearing, custody, cash management or other comparable services in the context of an established operational relationship: applicable weight must be at least 0.05 (v7619_m)Warning
- Category 2, applicable weight must be between 0.15 and 0.2 (v7627_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.