QA2020-66 - Matrurity for elegibility

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QA2020-66

Question


Shall the remaining maturity for a liability to be considered elegible and to be included in 0050 of the ADLR to be at least one comercial year (360 days) or one natural year (365 days).


Response


The computation of the remaining maturity of 1 year of MREL eligible liabilities shall be based on calendar years.