medium · FRM Part 2 Liquidity & Treasury Risk

A bank has 100 bn of securities classified as 'Held-to-Maturity' (HTM).

If interest rates rise and the market value of these securities drops to85 bn, what is the immediate impact on the bank's regulatory Common Equity Tier 1 (CET1) capital?

  1. CET1 capital would immediately fall by roughly 15 bn to reflect this specific economic loss.
  2. CET1 rises because the bank's projected future interest income will be modestly higher under rates.
  3. There is zero immediate impact on regulatory CET1 because HTM securities are carried at amortized cost.
  4. The bank must reclassify these assets as 'Available-for-Sale' and take an immediate 15% capital haircut against RWA.

Sign up free to see the explanation and track your rank →

More FRM Part 2 Liquidity & Treasury Risk practice

KomFi: Test Prep Made Easy

KomFi: Test Prep Made Easy — free adaptive practice for GMAT, GRE, SAT, ACT, National Real Estate Exam, Investment Banking, and finance with full explanations.

KomFi Academy is free GMAT prep and personalized GMAT help built as a training platform: 77,800+ practice questions, 26,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks. Flagship tracks: Free GMAT Prep, Free GMAT Resources, National Real Estate Exam Prep, Investment Banking Prep, Finance Prep, GRE, SAT, ACT, LSAT, MCAT, Financial Accounting, Private Equity, Private Credit, and Quantitative Finance.

Free GMAT Prep & Personalized GMAT Help

What's inside

Topics

View pricing · Read testimonials