PET - Plain English Taxonomy

Label: Financial Risk Market Stress Testing Precious Metal Scenarios Amount
TREF ID: DE8066
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
This is the value, as at the relevant date, of the effect on positions in precious metals due to movements in prices and volatilities as specified in stress testing scenarios. This represents the change in the portfolio value of these positions given stress testing scenarios applied.All positions in gold and other precious metals (including silver, platinum and palladium) must be included in the stress test portfolio revaluations.For the purposes of this item, in assessing the change in portfolio value, positions in the same precious metal, but with differing maturities, may be netted. 

Usage
Form Labels
Label:
Guidance:
Stress Testing - Precious Metals Scenarios
The price shifts should be applied to each commodity separately; a separate scenario matrix should be completed for each commodity. The scenario representing a 50% decrease in the implied volatility only needs to be reported where the corresponding change in price scenario is 0%.