1. EXPOSURES TO CENTRAL GOVERNMENTS OR CENTRAL BANKS
1.1. Treatment
1. Without prejudice to points 2 to 7, exposures to central governments and central banks shall be assigned a 100 % risk weight.
2. Subject to point 3, exposures to central governments and central banks for which a credit assessment by a nominated ECAI is available shall be assigned a risk weight according to Table 1 in accordance with the assignment by the competent authorities of the credit assessments of eligible ECAIs to six steps in a credit quality assessment scale.
Table 1
|
Credit quality step |
1 |
2 |
3 |
4 |
5 |
6 |
|
Risk weigh |
0 % |
20 % |
50 % |
100 % |
100 % |
150 % |
3. Exposures to the European Central Bank shall be assigned a 0 % risk weight.
1.2. Exposures in the national currency of the borrower
4. Exposures to Member States' central governments and central banks denominated and funded in the domestic currency of that central government and central bank shall be assigned a risk weight of 0 %
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