1.The following exposures shall be treated as subordinated debt exposures:
(a)
debt exposures which are subordinated to claims of ordinary unsecured creditors;
(b)
own funds instruments to the extent that those instruments are not considered to be equity exposures in accordance with Article 133(1); and
(c)
exposures arising from the institution’s holding of eligible liabilities instruments that meet the conditions set out in Article 72b.
2.Subordinated debt exposures shall be assigned a risk weight of 150 %, unless those subordinated debt exposures are deducted from own funds or subject to the treatment set out in Article 72e(5), first subparagraph.