High Quality Liquid Assets

Bank regulation.

(HQLAs).

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:

• Unencumbered;
• Liquid in markets during a time of stress; and
• Ideally, eligible for discounting with the central bank.

See also

• ALA
• Central bank
• Credit Quality Step (CQS)
• Level 1 liquid assets
• Level 2 liquid assets
• Liquidity
• Liquidity Coverage Ratio
• Liquidity risk
• Stress
• Unencumbered