13.

Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of investment firms and credit institutions (recast) · European Union

The institution shall use a separate maturity ladder in line with Table 1 for each commodity. All positions in that commodity and all positions which are regarded as positions in the same commodity pursuant to point 7 shall be assigned to the appropriate maturity bands. Physical stocks shall be assigned to the first maturity band. Table 1 Maturity band (1) Spread rate (in %) (2) 0 ≤ 1 month 1,50 > 1 ≤ 3 months 1,50 > 3 ≤ 6 months 1,50 > 6 ≤ 12 months 1,50 > 1 ≤ 2 years 1,50 > 2 ≤ 3 years 1,50 > 3 years 1,50

← (a) Maturity ladder approach · All articles · anx_IV__cpt_1__cpt_1__point_13__text_1 →

Source: EUR-Lex (Cellar) · retrieved 2026-10-10 · Text as adopted (Official Journal); later amendments are not incorporated in this text.