Contingent liquidity是什么

问题如下：

The following statements are the purposes of utilizing liquidity, which of the followings is NOT the purpose?

选项：

Operational liquidity: the cash needed to fund the business on a daily basis to ensure the institution’s operations.

Contingent liquidity is unavailable to meet general financial obligations under a liquidity stress test but should be applied to any assumed outflows which they support.

Strategic liquidity is the cash that is held by the institution to meet future business needs that may arise outside the course of normal operations.

Restricted liquidity: Liquid assets available to be used only for specifically defined purposes.

解释：

考点：对Measuring Contingent Liquidity Requirements的理解

答案：B

解析：

选项B错误，选项B描述的情况属于Restricted liquidity。因为Restricted liquidity只能适用于特定的情景，所以有以下结论：It is unavailable to meet general financial obligations under a liquidity stress test but should be applied to any assumed outflows which they support.

Strategic liquidity的定义为：cash that is held by the institution to meet future business needs that may arise outside the course of normal operations, but it is not primarily aimed at supporting the bank during times of stress. E.g., future acquisitions or capital expenditure programs.