medium · FRM Part 2 Liquidity & Treasury Risk

A bank calculates its NSFR and identifies $120 billion in Available Stable Funding (ASF) and $110 billion in Required Stable Funding (RSF).

How would a new $10 billion long-term mortgage (RSF factor 85%) funded by $10 billion in new core deposits (ASF factor 95%) affect the ratio?

  1. The NSFR will remain unchanged, as both sides rise by equal amounts.
  2. The NSFR will decrease because the new RSF requirement outweighs the new ASF contribution.
  3. The NSFR will increase to exactly 118%, driven by the mortgage's RSF factor.
  4. The NSFR will increase because the new funding's ASF exceeds the new asset's RSF.

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