GCCR
The GRU Capital-Capacity Ratio is the policy target expressed as eligible controlled capital and liquid assets divided by the Global Monetary Reference Aggregate.
Monetary policy
GRU Public Monetary Policy.
OMNL uses the GRU Official Monetary Policy as the public monetary-policy framework for GRU reserve attribution, capital-capacity, Avail, Offset, conversion, revaluation, and disclosure boundaries.
Monetary-policy mandate
Primary outcome and current target status.
The primary monetary-policy objective is preservation of monetary stability and confidence in the value, integrity and operation of the monetary framework entrusted to OMNL. The public root does not yet publish a numerical inflation target, exchange-rate target, GRU purchasing-power target or legally fixed reserve-coverage target.
Until those targets are adopted and published with authority references, target fields are treated as pending rather than inferred.
- Primary target: monetary stability and confidence.
- Numerical target: pending Monetary Policy Committee adoption.
- Horizon / tolerance band: pending publication.
- Operations: monetary operations framework.
Policy framework
Controlling policy points
Avail
Avail is a hard, time-bounded coverage floor across six-second, one-day, seven-day, and thirty-day horizons.
M0 reserve overlay
M0 uses a separate fiat and institutional reserve overlay without replacing, consuming, or double-counting the M00 reserve foundation.
Supply conversion
Layer conversion is atomic and supply-conserving. Locked units preserve reserve lineage but are excluded from circulating-supply calculations.
Six-second revaluation
The six-second interval is a calculation target. Stale or unavailable source data must use the approved source hierarchy, fallback, and suspension procedures.
Disclosure status
Public figures must identify whether they are policy targets, management assertions, independently verified ratios, or audited financial metrics.
Methodology
GCCR and Avail public methodology
| Field | Public definition | Status |
|---|---|---|
| GCCR numerator | Eligible controlled capital and liquid assets, after eligibility, haircut, encumbrance and valuation controls. | Formula published; live audited components pending. |
| GCCR denominator | Global Monetary Reference Aggregate or approved monetary reference aggregate. | Reference aggregate methodology pending. |
| Eligible assets | Cash, reserve assets, custody-confirmed liquid assets and other approved instruments. | Eligibility schedule pending. |
| Ineligible assets | Encumbered, unaudited, legally restricted, stale-priced or unsupported assets. | Policy published; schedule pending. |
| Haircuts and FX | Risk, liquidity, maturity, custody, FX and source-freshness haircuts must be applied before capacity recognition. | Numerical table pending. |
| Minimum / target / warning / hard stop | Thresholds must be set by authorised monetary policy decision. | Pending publication. |
| Avail horizons | Six-second, one-day, seven-day and thirty-day coverage floors. | Horizons published; stress assumptions pending. |
| Breach process | Escalation to monetary-policy authority, reserve authority, risk and publication controls. | Process published; committee assignments pending. |
Public data record
The machine-readable OMNL GRU public record is published at /data/gru-public-record.v1.json.
Related reports
See Balance sheet, Reserves, and Statistics for generated public reporting surfaces.