Level 1B liquid assets and Quadrillion: Difference between pages

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''Bank regulation - liquidity''
In finance, a quadrillion means one thousand trillion (1,000,000,000,000,000 or 10<sup>15</sup>).


Level 1B liquid assets are those of the second highest liquidity quality.


For example EUR 1.23 quadrillion = EUR 1,230,000,000,000,000.


They rank in between Level 1A and Level 2 liquid assets.
( = EUR 1,230 trillion.)




Level 1B liquid assets include EU covered bonds with a Credit Quality Step (CQS) of 1 and the largest minimum issue size.
==See also==
 
* [[Billion]]
They are eligible for inclusion in a regulated bank's High Quality Liquid Assets (HQLAs) with only a small haircut.
* [[Trillion]]
 
 
 
== See also ==
* [[Covered bond]]
* [[Credit Quality Step]]
* [[Haircut]]
* [[High Quality Liquid Assets]]
* [[Level 1 liquid assets]]
* [[Level 1A liquid assets]]
* [[Level 2 liquid assets]]

Revision as of 13:50, 15 August 2016

In finance, a quadrillion means one thousand trillion (1,000,000,000,000,000 or 1015).


For example EUR 1.23 quadrillion = EUR 1,230,000,000,000,000.

( = EUR 1,230 trillion.)


See also