Line4

2 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Collateral inflows maturing within the next 5 working days: extremely high quality covered bonds, amount or market value must equal the sum of its two parts (row 0370, EBA rule v89208_m)

A warning in the asset-referenced and e-money tokens return (MiCA), on templates Q 03.01, s_03.01: composition of the reserve of assets by type of assets and maturities and Q 03.03, s 03.03 - maturity ladder for the composition of the reserve of assets.

Check your file against this ruleWhat to do if it fails

The rule in plain words

For collateral inflows maturing within the next 5 working days: extremely high quality covered bonds, amount or market value must equal assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen, greater than 1 day up to 5 days plus assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen, up to 1 day.

How the Line4 Check report words itShow

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

Q_03.01: of which: Extremely high quality covered bonds = Q_03.03: Assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen, Greater than 1 day up to 5 days + Q_03.03: Assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen, Up to 1 day

What to do if your filing fails it

  1. 01Open the templates 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  3. 03If they differ, a part is missing, a value sits in the wrong column, or the total is out of date.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 Q 03.01 and Q 03.03 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

S_03.01: composition of the reserve of assets by type of assets and maturities (Q 03.01)

Row

  • 0370of which: Extremely high quality covered bonds

Column

  • 0010Amount/Market value

S 03.03 - maturity ladder for the composition of the reserve of assets (Q 03.03)

Row

  • 0440Assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen

Columns

  • 0010Up to 1 day
  • 0020Greater than 1 day up to 5 days

A worked example

The first of its checks, with simple numbers.

Illustrative values
Assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen, greater than 1 day up to 5 days1,200
Assets under Article 1(1)(c)(ii) of [RTS to specify the highly liquid financial instruments with minimal market risk, credit risk and concen, up to 1 day800
Together2,000
What the rule then expects

Extremely high quality covered bonds, amount or market value 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}.

{Q_03.01,r0370,c0010,} = sum({Q_03.03,r0440,c0020,},{Q_03.03,r0440,c0010,})

Every MiCA rule, by template

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