EBU Single Rulebook Q&A 7 May 2014 2014_1154 Pro-rata of pool to work out encumbered and un-encumbered assets (F32.01, F32.03, F32.04, F33.00, F35.00, F36.01).

Can firms split what counts as encumbered or not encumbered by pro-rating the pool of assets by self-issuance retained and as a proportion of total issuance? Consider a situation where an institution doesn’t have separate pools for self-issuance therefore we are going to pro-rata the pool size vs. self-issuances. Asset pools have a one to many relationship. E.g.