3.

Credit institutions shall multiply liabilities resulting from secured lending and capital market-driven transactions maturing within 30 calendar days as defined in Article 192(2) and (3) of Regulation (EC) No 575/2013 by: 0 % if they are collateralised by assets that would qualify as level 1 assets in accordance with Article 10, with the exception of extremely high quality covered bonds referred to in Article 10(1)(f), or if the lender is a central bank; 7 % if they are collateralised by assets that would qualify as extremely high quality covered bonds referred to in Article 10(1)(f); 15 % if they are collateralised by assets that would qualify as level 2A assets in accordance with Article 11; 25 %: if they are collateralised by the assets referred to in points (i), (ii) or (iv) of Article 13(2)(g); if they are collateralised by assets that would not qualify as liquid assets in accordance with Articles 10 and 11 and the lender is the central government, a public sector entity of the Member State or of a third country in which the credit institution has been authorised or has established a branch, or a multilateral development bank. Public sector entities that receive that treatment shall be limited to those that have a risk weight of 20 % or lower in accordance with Article 116(4) and (5) of Regulation (EU) No 575/2013; 35 % if they are collateralised by the subcategories of assets referred to in points (iii) or (v) of Article 13(2)(g); 50 % if they are collateralised by: corporate debt securities that would qualify as level 2B assets in accordance with Article 12(1)(b); shares that would qualify as level 2B assets in accordance with Article 12(1)(c); 100 % where they are collateralised by assets that would not qualify as liquid assets in accordance with Title II, with the exception of transactions covered by point (d)(ii) of this paragraph or if the lender is a central bank.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-06 · Text as adopted (Official Journal); later amendments are not incorporated in this text.