Appendix B
| No: 000042008998 | Date(g): 5/10/2020 | Date(h): 18/2/1442 | Status: In-Force |
Standardised haircut schedule
| Asset class | Haircut (% of market value) |
| Cash in same currency | 0 |
| High-quality government and central bank securities: residual maturity less than one year | 0.5 |
| High-quality government and central bank securities: residual maturity between one and five years | 2 |
| High-quality government and central bank securities: residual maturity greater than five years | 4 |
| High-quality corporate\covered bonds: residual maturity less than one year | 1 |
| High-quality corporate\covered bonds: residual maturity greater than one year and less than five years | 4 |
| High-quality corporate\covered bonds: residual maturity greater than five years | 8 |
| Equities included in major stock indices | 15 |
| Gold | 15 |
| Additional (additive) haircut on asset in which the currency of the derivatives obligation differs from that of the collateral asset | 8 |