And the net stable funding ratio determines, for each off-balance sheet class, a reserve of stable funding, which depends on the characteristic of each off-balance sheet exposure. Having said that, one has to admit that there are probably no limits to creativity when it comes to financial innovation.
BIS Review 109/2009  1  As we have noticed, bubbles have burst and brought terrible impacts on the global economy since mid 2007. The most commonly used adjective to describe the current financial crisis is “unprecedented”.