Article 128
Subordinated debt exposures
1.
The following exposures shall be treated as subordinated debt exposures:
(a)
debt exposures which are subordinated to claims of ordinary unsecured creditors;
(b)
own funds instruments to the extent that those instruments are not considered to be equity exposures in accordance with Article 133(1); and
(c)
exposures arising from the institution’s holding of eligible liabilities instruments that meet the conditions set out in Article 72b.