View source for Volume

== Definition ==
'''Volume''', in the context of Asset and Liability Management denotes the notional amount of an instrument, i.e. its [[Gross Carrying Amount]] in
the case of instruments at amortised cost. 

== Use in Stress Testing ==
Projected volume should abstract from projected fair value changes both under the baseline and the adverse scenarios. The average
volume represents the average balance of the item over the time interval of interest. For each time interval, banks are requested to decompose the average volume of instruments between existing, maturing and new repriced positions. For each instrument, volumes attached to the reference rate and margin components of the EIR might differ as a result of the discrepancy in the respective maturity dates. All volumes shall include non-performing volumes, unless otherwise stated.

== See Also ==
* [[Volume Risk]]

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[[Category:ALM]]