CA-3.2.1
An
Schedule 1 — Position Risk Requirement | ||||||
(a) | Claims on Sovereigns, Public Sectors Entities, International Organisations, and Multilateral Development Banks | |||||
Includes:
1. Claims on governments of GCC member states and their central banks;
2. Claims on other sovereigns and their central banks where such claims are denominated and funded in the relevant domestic currency of that sovereign/central bank;
3. Claims on Bahraini Public Sectors Entities listed in Appendix CA-1;
4. Claims on International Organisations and Multilateral Development Banks listed in Appendix CA-1.
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0% | |||||
(b) | Debt | <90 days | 90 days–1 yr | 1–5 yrs | >5 yrs | |
OECD | 2% x MV | 2% x MV | 5% x MV | 10% x MV | ||
Issued or accepted by banks | 2% x MV | 2% x MV | 5% x MV | 10% x MV | ||
Other marketable financial instruments | 10% x MV | 10% x MV | 20% x MV | 30% x MV | ||
Floating rate notes | <20 yrs | 5% x MV | ||||
>20 yrs | 10% x MV | |||||
(c) | Equities | |||||
Listed on a regulated financial instrument exchange | 25% x MV | |||||
Listed on Bahrain Stock Exchange | 25% x MV | |||||
Traded on a regulated financial instrument exchange | 35% x MV | |||||
Traded on Bahrain Stock Exchange | 35% x MV | |||||
Other | 100% x MV | |||||
(d) | Commodities | |||||
Stock positions in physical commodities associated with an |
30% of realisable value | |||||
(e) | Futures, options and contracts for differences | |||||
Exchange traded futures and written options | 4 x initial margin requirement | |||||
Off exchange futures and written options | The appropriate percentage shown in a, b and c above should be applied to the value of the underlying position. | |||||
Purchased options | As for off exchange written options but limited to the current value of the option. | |||||
Contracts for differences | 20% of the market value of the contract. | |||||
(f) | Other investments | |||||
Single premium unit linked bonds and units in a regulated collective investment scheme unless covered below | 25% of realisable value | |||||
Units in a regulated scheme which is a geared futures and options fund, or a property fund, or a warrant fund | 50% of realisable value | |||||
With profit life policies | 20% of surrender value | |||||
Any other investments | 100% of amount of asset |
Amended: October 2019