• Central government and Central Bank asset class

    • PRU 4.12.4

      Subject to Rules 4.12.5, an Authorised Person must risk-weight any CR Exposure in the central government and Central Bank asset class in accordance with the table below.

      Risk weights for the central government and Central Bank asset class

      Credit Quality Grade 1 2 3 4 5 6 Unrated
      Risk Weight 0% 20% 50% 100% 100% 150% 100%

    • PRU 4.12.5 PRU 4.12.5

      An Authorised Person may apply a 0% risk weight to any CR Exposure to central governments or central banks of a GCC member country which are denominated and funded in the domestic currency of the GCC member country. For the purposes of this Rule, individual Emirates of the UAE will be considered as though they were GCC member countries.

      • Guidance

        Where the requirements of Rule 4.12.5 are not met the CR Exposure should be treated in accordance with Rule 4.12.4.