Extended maturity ladder approach
Amendment details· last amended 1 Jan 2025
Last amended 1 Jan 2025 by Commission Delegated Regulation (EU) 2024/2795 of 24 July 2024 and/or Regulation (EU) 2024/1623 of 31 May 2024.
Institutions may use the minimum spread, carry and outright rates set out in the following Table 2 instead of those indicated in Article 359 provided that the institutions:
(a)
undertake significant commodities business;
(b)
have an appropriately diversified commodities portfolio.
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Table 2
Precious metals (except gold) | Base metals | Agricultural products (softs) | Other, including energy products | |
|---|---|---|---|---|
Spread rate (%) | 1,0 | 1,2 | 1,5 | 1,5 |
Carry rate (%) | 0,3 | 0,5 | 0,6 | 0,6 |
Outright rate (%) | 8 | 10 | 12 | 15 |
¶
Institutions shall notify the use they make of this Article to their competent authorities.