5.1.3.3 Qualifying ECAI Rating

An account is deemed to be qualifying for the context of LMR (Qualifying ECAI rating is Yes) if either its Issuer or Guarantor or the issue satisfies the criteria in the following table:

Table 4-6 Illustration- Qualifying ECAI Rating

Qualifying ECAI Issue Specific Rating	Qualifying ECAI Issuer/Guarantor Rating	Qualifying ECAI Rating (Derived)
Yes	Yes	Yes
Yes	No	Yes
No	Yes	Yes
No	No	No