Question ID:
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Supervisory reporting - Liquidity (LCR, NSFR, AMM)
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Draft ITS on Supervisory Reporting of Institutions
Annex III and Annex IV
Disclose name of institution / entity:
Type of submitter:
Subject Matter:
Reporting of open ended funding products without a defined maturity

How do funding without a contractual maturity get reported in Additional Liquidity Monitoring Metrics? Should they be reported based on the most conservative approach?

Background on the question:

C 70 - Roll-over of funding Col 010 - 040 refers to Overnight. Should banking product with open maturity be reported in this category? Sight deposits have no maturity, but they should appear reported in Roll-Over of Funding. If they are reported in Overnight bucket it will have a big impact on Col 300 - 330 (Average term days) , especially on Col 300 - Maturing Funds Terms and Col 310 - Roll-over Funds Terms, because sight deposits will be considered with average maturity of 1. If they are not reported in Roll-over of Funding, and in Overnight only those funding goes that has a contractual maturity of 1, then Col 290 Total Net Cash flow will not be correct, because it will not take into account funding that has no maturity. For example if a 14 days term deposit matures and money goes into a sight deposit: a) if sight deposit is considered overnight the Total Net Cash flow will be zero, what from the banks perspective is true b) if a sight deposit is not considered overnight the Total Net Cash Flow will be equal with the negative value of the mature term deposit, which is not correct, as from the banks perspective the money in the sight deposit will still offer funding. C69 - Prices for various lengths of funding Should products that offer funding but have no maturity date (ie Sight deposits) be considered as overnight? Should they be put in the earliest or the latest bucket?

Date of submission:
Published as Final Q&A:
Final Answer:

Sight deposits are deposits which mature daily. Therefore they should be reported in the overnight bucket of template C 70.00 of Annex XX of final draft implementing technical standard (ITS) on additional liquidity monitoring metrics under Article 415(3)(b) of Regulation (EU) No 575/2013 (EBA/ITS/2013/11/rev1 (of 24 July 2014)). Perpetual funding shall be considered to have a twenty years maturity. This treatment applies to all templates of this ITS which is consistent with QA 2015_1802 and QA 2015_1731.



The present Q&A on Supervisory reporting is provisional. It will be reviewed after the Implementing Regulation is in force and published in the Official Journal, which may differ from the text of the draft ITS to which this Q&A relates.

Final Q&A
Answer prepared by:
Answer prepared by the EBA.