It is a designated derivative that is expected to have its fair value or cash flows offset the changes in fair value or cash flows of a designated hedged item.
It is a designated derivative that is expected to have its fair value or cash flows offset the changes in fair value or cash flows of a designated hedged item.
Assets that can be easily and immediately converted into cash without losing, or losing very little, of their value to cover an institution's liquidity needs in the event of a liquidity crisis that lasts 30 calendar days.