Eurosystem and Level 2A liquid assets: Difference between pages

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imported>Doug Williamson
(Clarify second bullet point.)
 
imported>Doug Williamson
(Update.)
 
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''Central banking - European Central Bank - euro.''
''Bank regulation - liquidity''


The Eurosystem comprises:
Level 2A liquid assets are those of higher liquidity quality, compared with Level 2B.
*The European Central Bank and
*The national central banks of all member states that have adopted the euro as their national currency.




It is sometimes written 'eurosystem'.
Level 2A liquid assets are subject to smaller haircuts of 15% when included in the computation of total HQLAs, compared with Level 2B, which suffer greater haircuts.




== See also ==
== See also ==
* [[Central bank]]
* [[Credit Quality Step]]
* [[ESCB]]
* [[Haircut]]
* [[Euro]]
* [[High Quality Liquid Assets]]
* [[Euro zone]]
* [[Level 1 liquid assets]]
* [[European Central Bank]]
* [[Level 2 liquid assets]]
* [[European Union]]
* [[Level 2B liquid assets]]
* [[Monetary Policy Committee]]
* [[Liquidity buffer]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 15:43, 13 November 2016

Bank regulation - liquidity

Level 2A liquid assets are those of higher liquidity quality, compared with Level 2B.


Level 2A liquid assets are subject to smaller haircuts of 15% when included in the computation of total HQLAs, compared with Level 2B, which suffer greater haircuts.


See also