sovereign exposure definition
sovereign exposure means an exposure to central governments, central banks and supranational issuers;
sovereign exposure means a debt obligation of, and any off-balance sheet exposure to, such an entity a sovereign, its central bank, regional governments and local authorities claims on which are treated as claims on sovereigns under the Standardised Approach, Multilateral Development Banks (MDB) and International Organisations claims on which receive a 0% risk weight under the Standardised Approach proprietorship.