Code of Federal Regulations (alpha)

CFR /  Title 12  /  Part 932  /  Sec. 932.8 Minimum liquidity requirements.

In addition to meeting the deposit liquidity requirements contained in Sec. 965.3 of this chapter, each Bank shall hold contingency liquidity in an amount sufficient to enable the Bank to meet its liquidity needs, which shall, at a minimum, cover five business days of inability to access the consolidated obligation debt markets. An asset that has been pledged under a repurchase agreement cannot be used to satisfy minimum liquidity requirements.