Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: | HQLA Classifications & Haircuts

Q5: Regarding the caps and haircuts for Level 2 HQLA, which of the following combinations is correct?

A
Level 2A: 15% Haircut; Level 2B: 50% Haircut; Total Level 2 Cap: 40% of total stock.
B
Level 2A: 25% Haircut; Level 2B: 50% Haircut; Total Level 2 Cap: 50% of total stock.
C
Level 2A: 15% Haircut; Level 2B: 25% Haircut; Total Level 2 Cap: 40% of total stock.
D
Level 2A: 0% Haircut; Level 2B: 15% Haircut; Total Level 2 Cap: 15% of total stock.
✅ Correct Answer: A
A key idea tested in Liquidity Coverage Ratio (LCR) relates to the strict valuation adjustments applied to less liquid assets.
Level 2 assets are collectively capped at 40 percent of the total HQLA stock.
Specifically, Level 2A assets face a 15 percent haircut, while Level 2B assets face a 50 percent haircut, ensuring the stock retains high value during stress.