Prompt Corrective Action; Amended Definition of Low-Risk Assets
NCUA is issuing this Interim Final Rule to amend the definition of "low-risk assets" for regulatory capital purposes. Assets in this category receive a risk-weighting of zero, reflecting the absence of credit risk. The amendment will expand the definition of "low-risk assets" to include debt instruments on which the payment of principal and interest is unconditionally guaranteed by NCUA as an agency of the Executive Branch of the United States.