LM-12.4.27
Assets assigned a 50 percent RSF factor comprise:
(a) Unencumbered level 2B HQLA, as defined and subject to the conditions set forth in Appendix H, including:
(i) Sukuk and other Shari'a compliant corporate securities (including commercial paper) with a credit rating of between A+ and BBB-;
(ii) Exchange-traded common Shari'a-compliant equity shares not issued by financial institutions or their affiliates.
(b) Any Shari'a-compliant HQLA, as defined in Appendix H, that are encumbered for a period of between 6 months and less than 1 year;
(c) All financing and deposits with financial institutions and central banks with residual maturity of between 6 months and less than 1 year;
(d) Deposits held at other deposit-taking financial institutions for operational purposes that are subject to the 50 percent ASF factor in LM-12.4.10; and
(e) All other non-HQLA not included in the above categories that have a residual maturity of less than 1 year, including financing to non-financial corporate clients, financing to retail customers (i.e. natural persons) and small business customers, and financing to sovereigns and PSEs.
August 2018