1. Liquidity Risk Regulatory Calculations for Monetary Authority of Singapore User Guide
  2. Minimum Liquid Assets Calculation
  3. Process Flow
  4. Identification of Liquid Assets
  5. Identification and Treatment of Tier 1 Assets

6.2.2.1 Identification and Treatment of Tier 1 Assets

Tier 1 Assets are assets which qualify to be fully included as part of the stock of liquid assets while computing MLA. They include:

  1. Cash which includes coins, bank notes and restricted cash. The value included in the stock of liquid assets is the cash balance.
  2. Balances with the Central Bank of Singapore
  3. Debt Security or Sukuk rated greater than or equal to AA-, and issued by sovereigns or central banks
  4. Sukuk rated greater than or equal to AA, and issued by Singapore Sukuk Pte. Ltd.
  5. Debt Security or Sukuk, rated greater than or equal to AA-, and issued by sovereigns or central banks, that are held under reverse repo

100 % of the value of Tier 1 liquid assets is included in the stock of liquid assets.