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CA-4.2.6

The "qualifying" category includes securities issued by or fully guaranteed by public sector entities and multilateral development banks (refer to Appendix CA 2), plus other securities that are:

(a) rated investment grade by at least two internationally recognised credit rating agencies (to be agreed with the Agency); or
(b) deemed to be of comparable investment quality by the reporting bank, provided that the issuer is rated investment grade by at least two internationally recognised credit rating agencies (to be agreed with the Agency); or
(c) rated investment grade by one credit rating agency and not less than investment grade by any internationally recognised credit rating agencies (to be agreed with the Agency); or
(d) unrated (subject to the approval of the Agency), but deemed to be of comparable investment quality by the reporting bank and where the issuer has securities listed on a recognised stock exchange, may also be included.