Research Article

Basel III and the Net Stable Funding Ratio

Table 1

Bank level liquidity (in billions).

Quarters Required stable funding Semirequired stable funding Illiquid assets Illiquid guarantees

Q3: 2005 80 220 100 170
Q4: 2005 30 200 200 220
Q1: 2006 70 220 280 300
Q2: 2006 150 210 380 490
Q3: 2006 110 200 410 530
Q4: 2006 180 230 490 620
Q1: 2007 190 220 500 710
Q2: 2007 200 230 600 900
Q3: 2007 310 215 710 980
Q4: 2007 270 230 800 1,010
Q1: 2008 250 210 820 1,015
Q2: 2008 240 220 830 1,005
Q3: 2008 260 230 810 995
Q4: 2008 310 250 780 990