PET - Plain English Taxonomy

Label: Financial Risk Market Haircut Rate Percent
TREF ID: DE15198
Data Type: xbrli:pureItemType
Period Type: instant
Business Description & Guidance:
The haircut rate is the difference between the market value of an asset and the purchase price paid at the start of a repo or reverse repo, or a securities lending or securities borrowing transaction. It is expressed as the percentage deduction from the market value of collateral.Report as a per cent to two decimal places. 

Usage
Form Labels
Label:
Haircut rate