Multilateral development banks and other international organisations
0%
20%
50%
100%
150%
Public sector entities
20%
50%
100%
150%
Banks
20%
50%
100%
150%
Corporate
20%
50%
100%
150%
Residential mortgages not past due
35%
50%
75%
Past due residential mortgages
100%
Other past due assets
100%
150%
Equity holdings (not deducted from capital)
that are publicly traded
300%
All other equity holdings (not deducted from capital)
400%
Other assets
100%
Calculation of off-balance sheet exposures
Total exposure
Credit conversion factor
Credit equivalent amount
Average risk weight
Risk weighted exposure
Minimum Pillar 1 capital requirement
Direct credit substitute
100%
Asset sale with recourse
100%
Forward asset purchase
100%
Commitment with certain drawdown
100%
Note issuance facility
50%
Revolving underwriting facility
50%
Performance-related contingency
50%
Trade-related contingency
20%
Placements of forward deposits
100%
Other commitments where original maturity is more than one year
50%
Other commitments where original maturity is less than or equal to one year
20%
Other commitments that cancel automatically when the creditworthiness of the counterparty deteriorates or that can be cancelled unconditionally at any time without prior notice
NZ Gazette 2013, No 27
