However, all asset-backed securities are included in category IV, regardless of the classification of the issuer, and Jumbo covered bank bonds are included in category II, in contrast to other debt instruments issued by credit institutions, which are included in category III.
Par ailleurs, dans le cas d’actifs non négociables, la précision des techniques de valorisation peut varier, comme le montre le niveau d’ensemble des décotes (cf. section 6.4.3).