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Capital Requirements Regulation (CRR)
Article 491

Article 491 — Effective maturity

For the purposes of Articles 489 and 490, effective maturity shall be determined as follows:

  1. for the items referred to in paragraphs 3 and 5 of those Articles, the date of the first call with an incentive to redeem occurring on or after 1 January 2013;
  2. for the items referred to in paragraph 4 of those Articles, the date of the first call with an incentive to redeem occurring between 31 December 2011 and 1 January 2013;
  3. for the items referred to in paragraph 6 of those Articles, the date of the first call with an incentive to redeem prior to 31 December 2011.