8.3.4.1 Intraday Valuation Changes

In cases of particular currency shocks or in a market wide stress scenario, the value of the intraday assets held by the bank reduces to a certain extent. This assumption is applicable for all reporting banks.

The metric affected as a part of this assumption is “Available Intraday Liquidity at the start of the business day”.

This assumption takes into account the particular intraday asset and the percentage amount by which it must be reduced. The legal entity under which the asset is held is considered.

This assumption works on all available intraday assets which constitute the metric “Available Intraday Liquidity at the start of the business day” except credit lines.

Table 7-46 Available Intraday Liquidity

Legal Entity	Product	Percentage
LE1	Product 1	70%
LE2	Product 2	80%

The above valuation change is explained as follows:

• Product 1 is reduced to 30% of its prior value
• Product 2 is reduced to 20% of its total value