(4) The discount factor to be applied to types of marketable assets must be determined by reference to the following table:
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Benchmark discount
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Central government debt, Local Authority paper and eligible bank bills (Qatar and zone 1 countries)
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|
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Central government and central government-guaranteed marketable Securities with twelve or fewer months Residual Maturity, including treasury bills; and eligible Local Authority paper and eligible bank bills.
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0%
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|
Other central government, central government-guaranteed and Local Authority marketable debt with five or fewer years Residual Maturity or at variable rates.
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5%
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Other central government, central government-guaranteed and Local Authority marketable debt with over five years Residual Maturity.
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10%
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|
Other Securities denominated in freely tradable currencies (Qatar and zone 1 countries)
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|
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Non-government debt Securities which are Investment Grade, and which have six or fewer months Residual Maturity.
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5%
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|
Non-government debt Securities which are Investment Grade, and which have five or fewer years Residual Maturity.
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10%
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Non-government debt Securities which are Investment Grade, and which have more than five years Residual Maturity.
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15%
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Equities which qualify for a Specific Risk weight no higher than 4%.
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20%
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Other central government debt
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Central government debt, Local Authority paper and eligible bank bills (Qatar and zone 1 countries)
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|
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Where such debt is actively traded.
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20%
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|
Exposures to a central government or a central bank where such Exposures are actively traded
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20%
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Where the Issuer is a central government or a central bank and the issue is actively traded but the credit Exposure is not to the Issuer
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40%
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|
Non-government, actively-traded Exposures, which are Investment Grade
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60%
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