5.2.9 Calculation of Contractually Required Collateral

Contractually required collateral is the amount of collateral that is contractually due from one party to the other based on the current exposure and collateral position. This amount has to be paid to the party at the earliest and results in an outflow for the party owing the collateral and inflow to the party to whom the collateral is due. It can be of two types based on the direction of the exposure:

• Contractually Due Collateral
• Contractually Receivable Collateral