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Document 32009O0011
Guideline of the European Central Bank of 28 May 2009 amending Guideline ECB/2006/4 on the Eurosystem’s provision of reserve management services in euro to central banks and countries located outside the euro area and to international organisations (ECB/2009/11)
Guideline of the European Central Bank of 28 May 2009 amending Guideline ECB/2006/4 on the Eurosystem’s provision of reserve management services in euro to central banks and countries located outside the euro area and to international organisations (ECB/2009/11)
Guideline of the European Central Bank of 28 May 2009 amending Guideline ECB/2006/4 on the Eurosystem’s provision of reserve management services in euro to central banks and countries located outside the euro area and to international organisations (ECB/2009/11)
OJ L 139, 5.6.2009, p. 34–34
(BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV) This document has been published in a special edition(s)
(HR)
No longer in force, Date of end of validity: 30/09/2018; Implicitly repealed by 32018O0014
5.6.2009 |
EN |
Official Journal of the European Union |
L 139/34 |
GUIDELINE OF THE EUROPEAN CENTRAL BANK
of 28 May 2009
amending Guideline ECB/2006/4 on the Eurosystem’s provision of reserve management services in euro to central banks and countries located outside the euro area and to international organisations
(ECB/2009/11)
(2009/429/EC)
THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,
Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 12.1, Article 14.3 and Article 23 thereof,
Whereas:
(1) |
The replacement of the two-tier system with the single framework for eligible collateral common to all Eurosystem credit operations requires the amendment of the definition of ‘reserves’ in Guideline ECB/2006/4 of 7 April 2006 on the Eurosystem’s provision of reserve management services in euro to central banks and countries located outside the euro area and to international organisations (1). |
(2) |
Guideline ECB/2006/4 should also be amended to provide for a specific standardised Eurosystem reserve management service, i.e. the introduction of fixed-term deposit services on a principal basis, |
HAS ADOPTED THIS GUIDELINE:
Article 1
Guideline ECB/2006/4 is amended as follows:
1. |
In Article 1 the definition of ‘reserves’ is replaced by the following:
|
2. |
Article 2(4)(b) is replaced by the following:
|
Article 2
1. This Guideline is addressed to the national central banks of the Member States that have adopted the euro.
2. This Guideline shall enter into force on 1 July 2009.
Done at Frankfurt am Main, 28 May 2009.
For the Governing Council of the ECB
The President of the ECB
Jean-Claude TRICHET