(84)

in Part Three, the following Sub-Section is inserted after Section 4 ‘PD, LGD and maturity’: ‘Sub-Section - 1 Exposures covered by guarantees provided by Member States’ central governments and central banks or the ECB Article 159a Non-application of PD, LGD and CCF input floors For the purposes of Chapter 3, and in particular with regard to Articles 160(1), 161(4), 164(4) and 166(8c), where an exposure is covered by an eligible guarantee provided by a central government or central bank or by the ECB, the PD, LGD and CCF input floors shall not apply to the part of the exposure covered by that guarantee. However, the part of the exposure that is not covered by that guarantee shall be subject to the PD, LGD and CCF input floors concerned.’ ;

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Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.