lexiara

Article 490 › 5

CRR

The items shall qualify as Tier 2 items with their recognition reduced in accordance with Article 484(5) until the date of their effective maturity, and shall not qualify as Tier 2 items thereafter, where: (a) the institution was able to exercise a call with an incentive to redeem on or after 1 January 2013; (b) the institution did not exercise the call on the date of their effective maturity; (c) the conditions set out in Article 63 are not met from the date of effective maturity of the items.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04