Article 34 Qualifying liquid resources

A CSD-banking service provider shall mitigate corresponding liquidity risks, including intraday liquidity risks, in each currency by using any of the following qualifying liquid resources:

1. (a)

   cash deposited at a central bank of issue;

2. (b)

   available cash deposited at one of the creditworthy financial institutions identified in Article 38(1);

3. (c)

   committed lines of credit or similar agreements;

4. (d)

   assets that fulfil the requirements of Article 10 and Article 11(1) of this Regulation applicable to collateral, or financial instruments compliant with the Delegated Regulation (EU) 2017/392, that are readily available and convertible into cash with prearranged and highly reliable funding arrangements in accordance with Article 38 of this Regulation;

5. (e)

   the collateral referred to in Article 10 and Article 11(1).