Basel Committee issues technical amendment to the Net Stable Funding Ratio

December 21, 2017

The Committee today released its first technical amendment, which is related to the treatment of extraordinary monetary policy operations in the Net Stable Funding Ratio. To provide greater flexibility in the treatment of extraordinary central bank liquidity-absorbing monetary policy operations, the technical amendment proposes to allow for reduced required stable funding factors for central bank claims with maturity of more than 6 months.

The Committee invites comments on the proposed amendment by 5th February 2018. All comments will be published on the website of the Bank for International Settlements unless a respondent specifically requests confidential treatment.

The full Technical Amendment to the Treatment of extraordinary monetary policy operations in the Net Stable Funding Ratio can be found here.

For further information, please refer to the press release by the Basel Committee, found here.

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