Liquidity level | Instruments | Discount (multiply by) | |
Level 1 | [.] Cash, including cash due from traded but not yet settled debt | 100 percent | |
[.] Overnight money market investment | 100 percent | ||
[.] Obligations of U.S. Government agencies with a final remaining maturity of 3 years or less | 97 percent | ||
[.] GSE senior debt securities that mature within 60 days, excluding securities issued by the Farm Credit System | 95 percent | ||
[.] Diversified investment funds comprised exclusively of Level 1 instruments | 95 percent | ||
Level 2 | [.] Obligations of U.S. Government agencies with a final remaining maturity of more than 3 years | 97 percent | |
[.] MBS that are fully guaranteed by a U.S. Government agency as to the timely repayment of principal and interest | 95 percent | ||
[.] Diversified investment funds comprised exclusively of Levels 1 and 2 instruments | 95 percent | ||
Level 3 | [.] GSE senior debt securities with maturities exceeding 60 days, excluding senior debt securities of the Farm Credit System | 93 percent for all Level 3 instruments | |
[.] MBS that are fully guaranteed by a GSE as to the timely repayment of principal and interest | |||
[.] Money market instruments maturing within 90 days | |||
[.] Diversified investment funds comprised exclusively of levels 1, 2, and 3 instruments |
12 C.F.R. §615.5134