1. All collateral for both bilateral and cleared transactions referred to in Article 25 shall be subject to volatility adjustments in accordance with the following table:
Asset class |
Volatility adjustment repurchase transactions |
Volatility adjustment other transactions |
|
Debt securities issued by central governments or central banks |
≤ 1 year |
0,707 % |
1 % |
> 1 year ≤ 5 years |
2,121 % |
3 % |
|
> 5 years |
4,243 % |
6 % |
|
Debt securities issued by other entities |
≤ 1 year |
1,414 % |
2 % |
> 1 year ≤ 5 years |
4,243 % |
6 % |
|
> 5 years |
8,485 % |
12 % |
|
Securitisation positions |
≤ 1 year |
2,828 % |
4 % |
> 1 year ≤ 5 years |
8,485 % |
12 % |
|
> 5 years |
16,970 % |
24 % |
|
Listed equities and convertibles |
14,143 % |
20 % |
|
Other securities and commodities |
17,678 % |
25 % |
|
Gold |
10,607 % |
15 % |
|
Cash |
0 % |
0 % |
For the purposes of Table 4, securitisation positions shall not include re-
…