Technical amendment - Basel III: Treatment of extraordinary monetary policy operations in the Net Stable Funding Ratio.
The Basel Committee on Banking Supervision has approved a technical amendmentwhich is related to the treatment of extraordinary monetary policy operations in the Net Stable Funding Ratio (NFSR).
Effective immediately, this amendment to the NSFR standard allows reduced required stable funding factors for central bank claims with a maturity of more than six months, subject to a floor of 5%. This amendment aims to provide greater flexibility in the treatment of extraordinary central bank liquidity-absorbing monetary policy operations.
The Basel Committee wishes to thank all those who contributed time and effort to express their views during the December 2017 consultation process.
- Publication Date: June 2018
- Publication Type: Standards
- Publication Status: Consolidated
- Publication Category: Liquidity Risk
- Number of Pages: 3
- Keywords: Liquidity Risk
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