Updated 03/12/2024
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Article 3 - Specific methodology for inflation, mono-currency and cross-currency basis risk factors

Article 3

Specific methodology for inflation, mono-currency and cross-currency basis risk factors

1.   By way of derogation from Article 1, institutions shall map inflation risk factors for a given currency to the broad risk factor category ‘Interest rate’, and to the broad risk factor sub-category of that currency.

2.   By way of derogation from Article 1, institutions shall map mono-currency basis risk factors and cross-currency basis risk factors to the broad risk factor category ‘Interest Rate’, and to the broad risk factor sub-category of the currency denominating the basis.