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countercyclical buffer rate

as defined in Directive 2013/36/EU of the European Parliament and of the Council of 26 June…, Article 128, point (7) (Definitions)

(7) 

'countercyclical buffer rate' means the rate that institutions must apply in order to calculate their institution-specific countercyclical capital buffer, and that is set in accordance with Article 136, Article 137 or by a relevant third-country authority, as the case may be;

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