High Quality Liquid Assets
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Revision as of 14:44, 27 August 2020 by Doug Williamson (Add category.)
High Quality Liquid Assets are ones which are good enough to include as part of a bank's Liquidity Coverage Ratio (LCR) evaluation.
HQLAs should be:
- Liquid in markets during a time of stress; and
- Ideally, eligible for discounting with the central bank.