Art. 428af · 65 % required stable funding factor

Version in force 28 June 2021, Inserted +782 −0§

Amended by Regulation (EU) 2019/2033 32019R2033 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2019/876 32019R0876 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2021/558 32021R0558 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2020/873 32020R0873 on EUR-Lex (external, EUR-Lex)

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This provision is entirely new, introducing Article 428af which sets a 65% required stable funding factor for two categories of unencumbered assets.

The first category covers loans secured by residential property mortgages or fully guaranteed residential loans with a residual maturity of one year or more and a risk weight of 35% or less, while the second covers other unencumbered loans of the same maturity and risk-weight threshold, excluding loans to financial customers and certain loans referenced in other articles.

Cited: Art. 428af, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 428af
65 % required stable funding factor
The following assets shall be subject to a 65 % required stable funding factor:
(a) unencumbered loans secured by mortgages on residential property or unencumbered residential loans fully guaranteed by an eligible protection provider as referred to in point (e) of Article 129(1) with a residual maturity of one year or more, provided that those loans are assigned a risk weight of 35 % or less in accordance with Chapter 2 of Title II of Part Three;
(b) unencumbered loans with a residual maturity of one year or more, excluding loans to financial customers and loans referred to in Articles 428r to 428ad, provided that those loans are assigned a risk weight of 35 % or less in accordance with Chapter 2 of Title II of Part Three.