2. Corporate (non-financial) debt securities (including commercial paper) that satisfy certain conditions including a minimum credit rating  3. Common (non-financial) equity shares that satisfy certain conditions such as being exchange traded and centrally cleared, denominated in domestic currency and traded in deep markets.
Reserve Bank of New Zealand mismatch ratio The Reserve Bank’s mismatch ratio is akin to the LCR, although it is not compliant with Basel III requirements. All New Zealand incorporated registered banks are subject to minimum oneweek and one-month mismatch ratios.