EBU Single Rulebook Q&A 18 November 2020 2020_5627 Leverage Exposure Exclusion for guaranteed parts of Export Credit

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European Union · · · 15-07-2022

Can a qualifying guarantee which meets the conditions of Article 429a(1)(f) only be used to reduce the Exposure of On Balance sheet Export related Credit (i.e. drawn amounts)? or can it also be applied to the Off Balance Sheet exposures related to Export Credits, such as the undrawn portion of an Export related facility?

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