Article 490 › 4
CRR
The items shall not qualify as Tier 2 items from 1 January 2013 where the following conditions are met: (a) the institution was able to exercise a call with an incentive to redeem only between 31 December 2011 and 1 January 2013; (b) the institution did not exercise the call on the date of the effective maturity of the items; (c) the conditions laid down in Article 63 are not met from the date of the effective maturity of the items.
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Source: EUR-Lex CELLAR · retrieved 2026-09-04