EBA · 2018_3804 Rejected question

Treatment of undrawn committed facilities backed by own issuances.

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
416, para. 1
Topic
Supervisory reporting - Liquidity (LCR, NSFR, AMM)
Submitted by
Credit institution
Submitted
2018-04-17
Browse ECB SSM Register → More Q&As on this regulation →

Question

Should the undrawn committed facility in the form of LTRO2 backed by own issuances be reported in the line 3.8 (Undrawn committed facilities received) of the C66 model?

Background

CRR states that standby credit facilities granted by central banks within the scope of monetary policy to the extent that these facilities are not collateralised by liquid assets and excluding emergency liquidity assistance should be considered and reported as liquid assets. Instructions for completing the maturity ladder template of annex XXIV states that the Counterbalancing Section shall represent the stock of unencumbered assets or other funding sources which are legally and practically available to the institution at the reporting date to cover potential contractual gaps. ITS also considered that In order to avoid double counting, where the institution reports prepositioned assets in item 3.1 to 3.7, it shall not report the related capacity of those facilities in item 3.8. Own issuances are not reported in the aforementioned lines as mentioned in the line 3.6 of this ITS. They shall be reported in the Memorandum line 14 and are not taken into account for calculating counterbalancing capacity.
No answer published yet.

Original source: European Banking Authority, Q&A ID 2018_3804

This Q&A is published by European Banking Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

Similar Q&As

C66: undrawn ECB open market operations backed with pre-positioned own issuances (retained CB or ABS) as “Undrawn committed facilities received”.

Answered 2020-09-11

Reporting of (committed) credit and liquidity facilities in the C 66.01 maturity ladder template

Answered 2020-12-04

Definition of undrawn committed credit facilities to report

Answered 2021-03-05

Reporting requirement for draw down of facilities

Answered 2015-12-18

Reporting of the Undrawn limits of credit cards and overdrafts in F09.01.1 Off-balance sheet exposures: Loan commitments, financial guarantees and other commitments given.

Answered 2020-12-04

More Q&As on this topic

COREP Additional Liquidity Monitoring Metrics - technical implementation of DPM v4.2 for template C_67.00.a and C_67.00.w - SubCategory "new_CO4" used instead of "new_CO1"

Answered 2026-03-13

ASF factors for Additional Tier 1 items as wells as Tier 2 items and other capital instruments maturing between 6 month and 1 year

Answered 2025-10-07

Treatment of wholesale term deposits with early withdrawal penalty clauses for maturity ladder purposes

Answered 2025-07-11

Own secured debt issues in Top 10 - C71.00

Answered 2025-02-21

Treatment of deposits pledged as collateral against loans in c66.01

Answered 2025-01-10

📋 Track EU financial regulation continuously

Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.

Start free trial → Learn more

14-day free trial. No credit card required.