4.2.1.2 Identification and Treatment of Level 2A Assets

The application identifies the following as HQLA Level 2A Assets.

1. Marketable Securities, assigned a 20% risk-weight, which satisfy the following conditions:
   • Issuer type or Guarantor Type is one of the following:
     • Sovereign
     • Central Bank
     • Public Sector Entity
     • Regional Government, Municipalities, and State Agencies
     • Multi-lateral Development Bank
   • Price has not decreased, or haircut has not increased by more than 10% over a 30-day period during a relevant period of significant liquidity stress which is specified by the bank.
   • Not an obligation of a financial institution or any of its affiliated entities.
2. Debt Securities (including commercial paper) issued by corporates, Sukuk issued by institution other than Singapore Sukuk Pte Ltd. and covered bonds, which satisfy the following conditions:
   • Issuer type is not the bank itself for which the computations are being carried out or any of its affiliated entities.
   • Assigned a rating equal to or greater than AA- OR
   • Price has not decreased or haircut has not increased by more than 10% over a 30-day period during a relevant period of significant liquidity stress which is specified by the bank.
   • For corporate debt securities, issuer type is not a financial institution or its affiliated entities.