7.2.4.1 Intraday Valuation Changes

In cases of particular currency shocks or a market-wide stress scenario, the value of the intraday assets held by the bank reduces to a certain extent. This assumption is applicable to all reporting banks.

The metric affected as a part of this assumption is “Available Intraday Liquidity at the start of the business day”.

This assumption considers the particular intraday asset and the percentage amount by which it must be reduced. The legal entity under which the asset is held is considered.

This assumption works on all available intraday assets which constitute the metric “Available Intraday Liquidity at the start of the business day” except credit lines.

Table 7-45 Available Intraday Liquidity

Legal Entity	Product	Percentage
LE1	Product 1	70%
LE2	Product 2	80%

The valuation change is explained as follows:

• • Product 1 is reduced to 30% of its prior value.
  • Product 2 is reduced to 20% of its total value.