LCR treatment of open maturity reverse repos which can be terminated at any point in time

As indicated in the Q&A 6163 , inflows cannot be recognised from open reverse repos if the option to call them within the following 30 days has not been exercised. This does not prevent the reporting institution from recognising the relevant inflow if it can demonstrate to the supervisor that the open reverse repo would be called and effectively mature under certain circumstances, within the following 30 days. In such a case the reporting institution may recognise inflows by applying the rates envisaged in Article 32(3)(b) of Commission Delegated Regulation (EU) 2015/61 and report them under C74 accordingly under item 1.2 “Inflows from secured lending and capital market-driven transactions” in the relevant row depending on the type of collateral. Furthermore, in the context of its next monitoring report for the implementation of the LCR and NSFR, the EBA will consider providing additional guidance to support the evaluation of the demonstration by banks of the maturity of the open rev repos within the following 30 days.