INSTRUCTIONS FOR COMPLETING THE CONCENTRATION OF COUNTERBALANCING CAPACITY TEMPLATE (C 71.00) OF ANNEX XXII
Instructions for completing the Concentration of Counterbalancing Capacity Template (C 71.00) of Annex XX
Concentration of Counterbalancing Capacity by issuer/counterparty (CCC) (C 71.00)
This1. templateIn seeksorder to collect information about the reporting institutions' concentration of counterbalancing capacity by the ten largest holdings of assets or liquidity lines granted to the institution for this purpose.purpose Counterbalancingunder capacitytemplate representsC 71.00, institutions shall apply the stockinstructions ofcontained unencumberedin assetsthis or other funding sources which are legally and practically available to the institution at the reporting date to cover potential funding gaps. Only outflows and inflows pursuant to contracts existing at the reporting date shall be reported.Annex.
2. Wherean issuer or counterparty is assigned to more than one product type, currency or credit quality step, the total amount shall be reported. The product type, currency or credit quality step to be reported shall be the ones that are relevant to the largest proportion of the counterbalancing capacity concentration.
3. The counterbalancing capacity in C71.00 shall be the same as that in C66.00 with the qualification that the assets reported as counterbalancing capacity for the purposes of C71.00 shall be unencumbered to be available for the institution to convert into cash on the reporting reference date.
4. For calculating the concentrations for the purpose of reporting template C 71.00 by significant currency, institutions shall use the concentrations in all currencies.
5. When an issuer or counterparty belongs to several groups of connected clients, it shall be reported only once in the group with the higher counterbalancing capacity concentration.
6. Except for row 120, concentrations of counterbalancing capacity with a central bank as issuer or counterparty shall not be reported in this template.
Column | Legal references and instructions
010 | Issuer/CounterpartyIssuer Name The name of the top ten issuers/counterpartiesissuers of unencumbered assets or counterparties of undrawn committed liquidity lines granted to the institution shall be recorded in column 010 in a descending fashion. The largest item will be recorded in 1.01, the second in line item 1.02, and so on. Issuers and counterparties forming a group of connected clients shall be reported as one single concentration The issuer/counterpartyissuer or counterparty name recorded shall be the legalfull entity titlename of the companylegal entity which has issued the assets,assets or has granted the liquidity lines, including any references to the company type references, e.g. SA (Société anonyme in France),accordance Plc.with (publicthe limitednational company in the UK), or AG (Aktiengesellschaft in Germany) etc.law.
020 | LEI code The legal entity identifier code of the counterparty.
030 | Issuer/CounterpartyIssuer Sector One sector shall be allocated to everyeach issuer or counterparty on the basis of FINREP economic sector classes: (i) Central Banks; (ii) General Governments; (iii)(ii) Credit institutions; (iv)(iii) Other financial corporations; (v)(iv) Non-financial corporations; (vi)(v) Households. For groups of connected clients, no sector shall be reported.
040 | Residence of Issuer/CounterpartyIssuer ISO code 3166-1-alpha-2 of the country of incorporation of the issuer or counterparty shall be usedused, (includingincluding pseudo-ISO codes for international organisations, available in the last edition of the Eurostat's ‘Balance of Payments Vademecum’).Vademecum’. For groups of connected clients, no country shall be reported.
050 | Product Type Issuers/Counterparties recorded in column 010 shall be assigned a product type corresponding to the product in which the asset is held or the liquidity stand-by facility hasfacilityhas been received, using the following codes indicated in bold: SrB (Senior Bond) SubB (Subordinated Bond) CP (Commercial Paper) CB (Covered Bonds) US (UCITS-security, i.e. financial instruments representing a share in or a securityasecurity issued by an Undertaking for Collective Investments of transferable securities) ABS (Asset Backed Security) CrCl (Credit Claim) Eq (Equity(Equity) listedGold on(if physical gold, which can be treated as a recognizedsingle exchange, not self-issued or issued by a financial institution) Goldcounterparty) LiqL (Undrawn committed liquidity line granted to the institution) OPT (Other product type)
060 | Currency Issuers/counterpartiesIssuer or counterparties recorded in column 010 shall be assigned a currency ISO code in column 060 corresponding to the denomination of the asset received or undrawn committed liquidity lines granted to the institution. Theinstitution.The three-letter currency unit code according to ISO 4217 shall be reported. Where a multicurrency line is part of a concentration in counterbalancing capacity, the line shall be counted in the currency that is the predominant one in the rest of the concentration.
070 | Credit quality step Issuers/counterparties recorded in column 010 shall be assigned theThe appropriate credit quality step accordingshall tobe REGULATIONassigned in accordance with Regulation (EU) No 575/2013, consistentwhich withshall be the same as that of the items reported in the maturity ladder. Where there is no rating, the step of ‘non-rated’ shall be assigned.
080 | MtM value/nominal The market value or fair value of the assets, oror, —where if applicable — theapplicable,the nominal value of the undrawn liquidity line granted to the institution.
090 | Collateral value CB-eligible The collateral value according to the central bank rules for standing facilities for the specific assets if they are used as collateral against credit received from the central bank.assets. For assets denominated in a currency included in the ITS issued under Article 416(5) Regulation (EC)(EU) No 575/20132015/233 as a currency with extremely narrow central bank eligibility, institutions shall leave this field blank.