Contingent Term Repo Facility and Level 2 valuation inputs: Difference between pages

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''Bank of England.''
<i>Financial reporting - fair valuation</i>.


(CTRF).


The Bank of England's Contingent Term Repo Facility (CTRF) is one of three key components of the liquidity insurance part its Sterling Monetary Framework (SMF).
IFRS 13 defines Level 2 valuation inputs as inputs other than quoted prices included within [[Level 1 valuation inputs]] that are observable for the asset or liability, either directly or indirectly.
 
The CTRF is designed for conditions of actual or prospective market-wide stress of an exceptional nature.
 
 
The CTRF's key features are:
*Initiated by the Bank of England.
*Flexible term.
*Bank of England reserves (effectively cash) lent against collateral.
*Auction pricing.
 
 
The other two key facilities in the Bank's liquidity insurance structure are the Discount Window Facility (DWF) and the Bank's Indexed Long-Term Repo (ILTR) operations.




==See also==
==See also==
*[[Auction]]
*[[IFRS 13]]
*[[Bank of England]]
*[[Fair value]]
*[[Collateral]]
*[[Valuation inputs]]
* [[Contingency]]
*[[Observable valuation inputs]]
* [[Contingent]]
*[[Unobservable valuation inputs]]
*[[Discount Window Facility]]
*[[Level 1 valuation inputs]]
* [[Facility]]
*[[Level 3 valuation inputs]]
*[[Indexed Long-Term Repo operations]]
*[[Liquidity]]
*[[Liquidity insurance]]
*[[Official Bank Rate]]
*[[Operational Standing Facilities]]
*[[Repo]]
*[[Reserves]]
*[[Sterling Monetary Framework]]
*[[Stress]]
*[[Term]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 14:46, 11 May 2016

Financial reporting - fair valuation.


IFRS 13 defines Level 2 valuation inputs as inputs other than quoted prices included within Level 1 valuation inputs that are observable for the asset or liability, either directly or indirectly.


See also