FRTB Standardised Approach for CVA (SA-CVA, BCBS 325)

Equity - 1 of 2

For equity delta and vega risks, buckets are defined as:


Bucket Number	Size	Region	Sector

1	Large	Emerging market economies	Consumer goods and services, transportation and storage, administrative and support service activities, healthcare, utilities

2	Large	Emerging market economies	Telecommunications, industrials

3	Large	Emerging market economies	Basic materials, energy, agriculture, manufacturing, mining and quarrying

4	Large	Emerging market economies	Financials including gov’t-backed financials, real estate activities, technology

5	Large	Advanced economies	Consumer goods and services, transportation and storage, administrative and support service activities, healthcare, utilities

6	Large	Advanced economies	Telecommunications, industrials

7	Large	Advanced economies	Basic materials, energy, agriculture, manufacturing, mining and quarrying