Related provisions for BIPRU 5.5.9

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BIPRU 5.5.10RRP
For the purposes of BIPRU 5.5.9 R, the value of the credit protection recognised is the following:(1) where the instrument will be repurchased at its face value, the value of the protection is that amount; or(2) where the instrument will be repurchased at market price, the value of the protection is the value of the instrument valued in the same way as the debt securities specified in BIPRU 5.4.5 R.[Note: BCD Annex VIII Part 3 point 82]