Bank Liquidity and the Global Financial Crisis

Table 1

Assets for liquidity testing.

Group		Assets	S	Week	Month
		Cash in the form of Banknotes/Coins		100	100
		Receivables from CBs (including ECB)
1	1	Demand deposits		100	100
1	2	Amounts receivable	S	100	100
1	3	Receivables i.r.o reverse repos	S	100	100
1	4	Receivables i.t.f.o securities or Tier 2 eligible assets	S	𝑑^∗	𝑑^∗
		Collection documents
	1	Available on demand		100	100
	2	Receivable	S	100	100
		Readily marketable debt instruments/CB eligible receivables
		Issued by public authorities
2	1	ECB tier 1 and tier 2 eligible assets		95**	95**
2	2	ECB tier 2 eligible assets deposited		85**	85**
2	3	ECB tier 2 eligible assets not deposited		85	85
2	4	Other readily marketable debt instruments		95	95
		Zone A
2	5	Other readily marketable debt instruments		70	70
		Zone B
		Issued by credit institutions
2	1	ECB tier 1 eligible assets		90**	90**
2	2	ECB tier 2 eligible assets deposited		80**	80**
2	3	Other debt instruments qualifying under the capital adequacy directive (CAD)		90	90
2	4	Other Liquid Debt Instruments		70	70
		Issued by other institutions
2	1	ECB tier 1 eligible assets		90**	90**
2	2	ECB tier 2 eligible assets deposited		80**	80**
2	3	Other debt instruments qualifying under the capital adequacy directive (CAD)		90	90
2	4	Other liquid debt instruments		70	70
		Amounts receivables
		Branches and banking subsidiaries not included in the report
3	1	Demand deposits		50	100
3	2	Amounts receivable i.r.o securities transactions	S	100	100
3	3	Other amounts receivables	S	100	90
		Other credit institutions
3	1	Demand deposits		50	100
3	2	Amounts receivable i.r.o securities transactions	S	100	100
3	3	Other amounts receivables	S	100	90
		Public authorities
3	1	Demand deposits		50	100
3	2	Amounts receivable i.r.o securities transactions	S	100	100
3	3	Other amounts receivables	S	100	90
		Other professional money market players
3	1	Demand deposits		50	100
3	2	Amounts receivable i.r.o securities transactions	S	100	100
3	3	Other amounts receivables	S	100	90
		Other counterparties
	1	Demand deposits		0	0
	2	Amounts receivable i.r.o securities transactions	S	100	90
4	3	Other amounts receivables including premature redemptions	S	50	40
		Receivables i.r.o REPO and reverse REPO transactions
		Reverse repo transactions (other than with CBs)
5	1	Receivables i.r.o Bonds	S	100	100
5	2	Receivables i.r.o Shares	S	100	100
		Repo Transactions (Other Than with CBs)
5	1	Receivables i.r.o bonds	S	90/𝑑^∗/**	90/𝑑^∗/**
5	2	Receivables i.r.o shares	S	70	70
		Securities lending/borrowing transactions
5	1	Securities stock on account of securities		100	100
		Lending/borrowing transactions
5	2	Securities receivable on account of securities		100	100
		Lending/borrowing transactions
		Other securities and gold
6	1	Other liquid shares		70	70
6	2	Unmarketable shares		0	0
2	3	Unmarketable bonds	S	100	100
	4	Gold		90	90
		Official standby facilities
14	1	Official standby facilities received		100	100
14		Receivables i.r.o derivatives	S	***	***

*: Less applicable discount.
**: Either at stated percentage or at percentages applicable for ecb/escb collateral purposes.
***: Calculated amount for the period concerned.
90/𝑑^∗/**: 90% OR less applicable discount (provided the method is consistently applied).