10. What is the contribution to the asset base of the following items under the Basel requirements? Under the U.S. capitalto-

assets rule? ( LG 13- 7 )

$10 million cash reserves.

$50 million 91-day U.S. Treasury bills.

$5 million U.K. government bonds, AAA rated.

$1 million general obligation municipal bonds.

$40 million repurchase agreements (against U.S. Treasuries).

$500 million one- to four-family home mortgages.

$500 million commercial and industrial loans, BBB rated.

$100,000 performance-related standby letters of credit to a blue chip corporation.

$7 million commercial letter of credit to a foreign, A rated corporation.

$8 million banker’s acceptance conveyed to a U.S., AA rated corporation.

$17 million three-year loan commitment to a private agent.

$17 million three-month loan commitment to a private agent.

$30 million standby letter of credit to back a corporate issue of commercial paper.

$4 million five-year interest rate swap with no current exposure (the counterparty is a private agent).

$6 million two-year currency swap with $500,000 current exposure (the counterparty is a private agent).