shall take into account existing options in determining the residual maturity of a liability or of own funds
. They shall do so on the assumption that the counterparty
will redeem call options at the earliest possible date. For options exercisable at the discretion of the institution
, the institution
and the competent authorities
shall take into account reputational factors that may limit an institution
's ability not to exercise the option, in particular market expectations that institutions
should redeem certain liabilities before their maturity.