---
kind: "section"
citation: "12 C.F.R. § 249.10"
title: "12"
number: "249.10"
heading: "Liquidity coverage ratio."
url: "https://uscodex.org/cfr/12/249.10"
---

# §249.10. Liquidity coverage ratio.

- (a) **Minimum liquidity coverage ratio requirement.** Subject to the transition provisions in [subpart F](/cfr/12/subpartF.md) of this part, a Board-regulated institution must calculate and maintain a liquidity coverage ratio that is equal to or greater than 1.0 on each business day (or, in the case of a Category IV Board-regulated institution, on the last business day of the applicable month) in accordance with this part. A Board-regulated institution must calculate its liquidity coverage ratio as of the same time on each calculation date (the elected calculation time). The Board-regulated institution must select this time by written notice to the Board prior to December 31, 2019. The Board-regulated institution may not thereafter change its elected calculation time without prior written approval from the Board.
- (b) **Transition from monthly calculation to daily calculation.** A Board-regulated institution that was a Category IV Board-regulated institution immediately prior to moving to a different category must begin calculating and maintaining a liquidity coverage ratio each business day beginning on the first day of the fifth quarter after becoming a Category I Board-regulated institution, Category II Board-regulated institution, or Category III Board-regulated institution.
- (c) **Calculation of the liquidity coverage ratio.** A Board-regulated institution's liquidity coverage ratio equals:
  - (1) The Board-regulated institution's HQLA amount as of the calculation date, calculated under subpart C of this part; divided by
  - (2) The Board-regulated institution's total net cash outflow amount as of the calculation date, calculated under subpart D of this part.

## Notes

### Amendments

[79 FR 61523, 61539, Oct. 10, 2014, as amended at 84 FR 59275, Nov. 1, 2019]

### Authority

Authority: 12 U.S.C. 248(a), 321-38a, 481-486, 1467a(g)(1), 1818, 1828, 1831p-1, 1831o-1, 1844(b), 5365, 5366, 5368; 12 U.S.C. 3101 et seq.

### Source

Source: 79 FR 61523, 61539, Oct. 10, 2014, unless otherwise noted.

### Amendments

[79 FR 61523, 61539, Oct. 10, 2014, as amended at 84 FR 59275, Nov. 1, 2019]