Examples of using Policy operations in English and their translations into Polish
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accounting, monetary policy operations, foreign reserve management
Monetary policy operations 1393.2 Contribution to the ECB's capital,
The assets eligible for Eurosystem monetary policy operations can also be used as underlying assets for intraday credit.
Furthermore, the counterparty must ensure that the collateral for securing monetary policy operations is delivered to the account of the correspondent central bank by 4.45 p.m. ECB time( C.E.T.) at the latest.
assists the Eurosystem in carrying out monetary policy operations and foreign exchange transactions, and in managing the ECB 's foreign reserves
With the aims of protecting the Eurosystem from incurring losses in its monetary policy operations and of ensuring the equal treatment of counterparties, as well as of enhancing operational efficiency and transparency, underlying assets have to fulfil certain criteria in order to be eligible for Eurosystem monetary policy operations.
If extension of overnight credit occurs without such assets being simultaneously substituted with eligible collateral for monetary policy operations, penalties set in accordance with the following will be imposed on such participant.
Eurosystem monetary policy operations Normal trade days for the main
With the aims of protecting the Eurosystem from incurring losses in its monetary policy operations, ensuring the equal treatment of counterparties and enhancing operational efficiency, underlying assets have to fulfil certain criteria in order to be eligible for Eurosystem monetary policy operations.
Throughout this document, the term'NCB business day' refers to any day on which the national central bank of a specific Member State is open for the purpose of conducting Eurosystem monetary policy operations.
All payments directly resulting from or made in connection with(i) monetary policy operations;(ii) the settlement of the euro leg of foreign exchange operations involving the Eurosystem;
The example is based on the assumption that a counterparty participates in the following Eurosystem monetary policy operations:------ a main refinancing operation starting on 28 July 2004 and ending on 4 August 2004 where the counterparty is allotted EUR 50 million at an interest rate of 4,24%;
for tender operations and bilateral market intervention, which ensure the secure and speedy transmission of instructions for carrying out decentralised monetary policy operations.
The interaction between liquidity regulation and monetary policy operations is expected to be significant
over the mechanisms to prevent such assets from being used in monetary policy operations;
refers to any day on which the national central bank of a specif ic Member State is open for the purpose of conducting Eurosystem monetary policy operations.
of payments statistics and the liquidity criterion for securities used in monetary policy operations and the proposed outsourcing of some parts of this process CON/ 2002/21.
Further in this context, it should also be noted that being subject to the Eurosystem minimum reserves regime is one of the general criteria for eligibility to participate in Eurosystem monetary policy operations;
Furthermore, the EMI announced that the Eurosystem would conduct its monetary policy operations exclusively in euro and that the euro would be the
For instance, almost all of the eligible collateral for central bank monetary policy operations in the EU, especially in the Euro area,