  c -          (mkr  tdi)   requireme nts       ca2       -   0 ≤     >   ≤     >   ≤   >   ≤    requireme nts       >   ≤   (      %)   >   ≤   (>    ≤       %)   >   ≤   (>    ≤       %)     >   ≤   (>    ≤  ,  %)   >   ≤   (>  ,  ≤       %)   >   ≤   (>    ≤  ,  %)   >   ≤   (>  ,  ≤  ,  %)   >   ≤   (>  ,  ≤       %)   >   (>    ≤  0    %)   (>  0 ≤  0    %)   (>    %)   requireme nts              -                   ≤   a    >    ≤   a    >       requireme nts     nth-             ( )      -         -          -   c –          (mkr  tdi).   160.            (  (a)     ( )  ).    mkr  mkr  ctp   mkr  tdi.       {;} ( )   {;} (ctp)  161.          ‘ ’,  a  -   eur,  bgn, czk, dkk, egp, gbp, hrk, huf, isk, jpy, mkd, nok, pln, ron, rub, rsd, sek, chf, try, uah, usd                  -     (    )       ( )     345( )   328( )  . -     (    )  327  329  334   328( )      a           .       (b)  92( )     .   -                   (b)(i)  92( )   328  331        . -         -   339   339( )     zones    zones           -         -   340   340( )     zones    .                  (b)  92( )  335,     336  337  338    327( )  . -    260  n-th           (  (e)  332( )    332( )   – ‘look- ’). n-th- -        (  332( )  )     336( )   a    a   %         ( )   (  ).     336         -    a   346  347     mkr  mkr  tdi.     mkr  ctp.      mkr  tdi. -      ( )  329( )    c -        (mkr    )   re-    re-    re-    re-        ( )      [0 –   %] [  –   %] [  –   %] [  –   %] [  –   %] [  –   %] [  – 200 %] [200 – 225 %] [225 –   %] [  – 300 %] [300 – 350 %] [350 – 425 %] [425 –   %] [  – 650 %] [650 – 750 %] [750 – 850 %] [850 –     %]     %  re-    re-    re-    re-        ( )      [0 –   %] [  –   %] [  –   %] [  –   %] [  –   %] [  –   %] [  – 200 %] [200 – 225 %] [225 –   %] [  – 300 %] [300 – 350 %] [350 – 425 %] [425 –   %] [  – 650 %] [650 – 750 %] [750 – 850 %] [850 –     %]     %  re-    re-    re-    re-         ( )         ( ) /     /  ments  -  -   -erba    ( =    %)     mkr  tdi { 060}  re-    re-    re-    re-securitisationsc –        (mkr    ) .   162.      ( /     / )           /re-        (        )  163.  mkr  335  337   346  347     mkr  tdi  mkr im  164.   a       %       (    (b)  244( ),   (b)  245( )  253  ).     ca1..        -     (    )       ( )  337   (  ).   328( )  . -.      (    )   (b)  244( ),   (b)  245( )  253   -     (    )  327, 328, 329  334   328( )  . -    259  262,    263,    264  266              . -    254   - 259  260   - 261  262   -erba  263  264  254  265  266( )  .   (  =     %)  254( )     -    ( )         ( ) /  270a  337    335                   -  / 337    335  re-  (      )   playing    /s            ( )  re-    (64)   243            . -    ( )      -   a    a              . -    ( )  a   securitises its  fill      ’s    its  c -            (mkr  ctp)   ctp    ctp    ctp  n-th- - n-th- -  ctp      ( )      [0 –   %] [  –   %] [  –   %] [  –   %] [  –   %] [  –   %] [  – 350 %] [350 – 425 %] [425 – 650 %] [650 –     %]     %   ctp    ctp    ctp  n-th- - n-th- -  ctp      ( )      [0 –   %] [  –   %] [  –   %] [  –   %] [  –   %] [  –   %] [  – 350 %] [350 – 425 %] [425 – 650 %] [650 –     %]     %   ctp    ctp    ctp  n-th- - n-th- -  ctp           -  -   -erba    ( =    %)       mkr  tdi {330:060}    ctp    ctp    ctp  n-th- - n-th- -  ctp positionsc –           (mkr  ctp) .               (ctp) ( nth- -  ctp    338( )  )   166.  mkr  ctp     ctp   335   338   ctp-  346  347   ctp-   mkr  tdi  mkr im    separates   n-th  ctp-      (          ). n-th        ‘ ctp- ’    n-th       ( 338( )  ),        ‘ ’           (     ). 168.   a       %       (    (b)  244( ),   (b)  245( )  253  ).     ca1..        -     (    )       ( )   conjunction   ( )   ( )  338   (      )   328( )  . -.      (    )  253   -     (    )  327, 328, 329  334   328( )  . -    259  262,    263,    264  266   -    254   - 259  260   - 261  262   -erba  263  264  254  265  266( )  .   (  =     %)  254( )   -    –     / 338    335   -    –     / 338    335         (i)            (  )   ( )            (  ).        (        )   playing    /s     . -    ( )      -   a    a               -    ( )  a   securitises its  fill      ’s    its   n-th- -  possibly     338   a pro-rata  ctp        ‘ ctp  ’.   n-th- - n-th  n-th- - 347    fit  n-th  a    n-th  ctp         : —   a pro-rata  ctp  ; — ctp    346  ; —   satisfy  338( )  c -        (mkr  equ)      ca       - broadly diversified        -  broadly diversified       ( )      -         -                    -   c –        (mkr  equ).   169.   170.          ‘ ’,  a   -   bulgaria, croatia, czech republic, denmark, egypt, hungary, iceland, liechtenstein, norway, poland, romania, sweden, united kingdom, albania, japan,  yugoslav republic  macedonia, russian federation, serbia, switzerland, turkey, ukraine, usa, euro        ‘ ’       ‘ ’ (   euro        ( )  525/ (   ))..        -     (    )       ( )     345( )  . -     (    )  327, 329, 332,   345      a         -   344( )                     (   )     ( )  525/  march    ( )  575/  parliament       (oj l 148,. , p.  ).        (b)  92( )     .   -                (b)(i)  92( )          . -         (   )                (  /    /)  a    a       329  332         - broadly diversified  a    - broadly diversified  a        ( )  945/ (   )         .      - broadly diversified    344( )      -   344( )    (   )    ( )  945/   september laying  diversified      ( )  575/  parliament         -      ( )   329    its  c -        (mkr    )           (  unmatched   matched  )  requireme nts   matched    ca  closely correlated        ( cius     )      ( )      -         -            (  unmatched   matched  )  requireme nts   matched   -          (   )       -    euro lek argentine peso australian dollar brazilian real            (  unmatched   matched  )  requireme nts   matched bulgarian lev canadian dollar czech koruna danish krone egyptian pound pound sterling forint yen lithuanian litas denar mexican peso zloty            (  unmatched   matched  )  requireme nts   matched rumanian leu russian ruble serbian dinar swedish krona swiss franc turkish lira hryvnia  dollar iceland krona norwegian krone            (  unmatched   matched  )  requireme nts   matched hong kong dollar  taiwan dollar  zealand dollar singapore dollar won yuan renminbi  croatian kuna   - . c –        (mkr    ).   171.            (   )             ( eur),    cius. 172.    351    354   states  gbp, usd, chf, jpy, rub, try, aud, cad, rsd,  uah, mkd, egp, ars, brl, mxn, hkd, ick, twd, nzd, nok, sgd, krw, cny             -     (    )   352( )  352( )   92( )              . -     (    )  352( ),   sentences  352( ),  353    352( )            . -    352( )  353  354   -       (    )      a     a     unmatched              ( 030)  060  070,              (matched) matched   closely correlated                  (b)  92( )     354           (c)(i)  92( ),     352   (     ).  closely correlated    closely correlated   354  closely correlated:    354  .       ( ciu's     )     351    352   ciu's    353   treatments  cius      direction  cius        ( cius        ’s      );  direction  ciu's   cius             (  direction  ciu).   ciu's    351    352      –      ( )   352                   . -      (   )            -         352    denomination,     trans   &   352  . -      states  gbp, usd, chf, jpy, rub, try, aud, cad, rsd,  uah, mkd, egp, ars, brl, mxn, hkd, ick, twd, nzd, nok, sgd, krw, cny  c -       (mkr  com)      ca    (  )        (softs)        ( ,  )                ( )      -         -          -   c –       (mkr  com).   173.                           -     (    )   / 357( )   ( 359( )  ) -     (    )   357( )      a                      (b)  92( )                       (c)( )  92( )          -      361   359   361   360   -      ( )  358( )        