Central Bank of Ireland diverges from Basel III on AFS bonds

Pencil Eraser

The Central Bank of Ireland (CBI) plans to let its banks exclude unrealised gains and losses on available-for-sale (AFS) government bond portfolios when calculating capital numbers, contradicting the Basel III framework, which removes the long-standing filter. Other European countries are considering the same policy, using an escape clause originally inserted into the region's legislation by Italian members of the European Parliament (MEPs).

The numbers involved can be significant – Allied Irish

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account