The MREL dashboard is based on bank data reported to the SRB and covers entities under the SRB remit. The first section focuses on the evolution of MREL targets for resolution entities and non-resolution entities, outstanding stock and shortfalls. The second section includes an overview of gross issuances of MREL instruments during the reporting quarter and highlights recent developments in the cost of funding
The minimum requirement for own funds and eligible liabilities (MREL) dashboards are based on bank data reported to the Single Resolution Board (SRB) and cover entities under the SRB’s remit1. The first section of the dashboard focuses on the evolution of MREL targets and shortfalls for resolution entities (external MREL) and non-resolution entities (internal MREL) and the level and the composition of MREL resources of resolution entities in Q1.2023. The second section highlights recent developments in the cost of funding and provides an overview of gross issuances of MREL-eligible instruments in Q1.2023.