7.1 Overview

CFR is defined as the amount of core funding relative to the required core funding. Available core funding refers to the portion of capital and liabilities expected to be reliable over the horizon of 1 year. Required core funding refers to the portion of assets and off-balance sheet exposures over the same horizon. The CFR does not contain encumbered assets and the ratio is expected to be at least 100%.

Figure 6-1 Available Core Funding