Decision (EU) 2017/102 of the European Central Bank of 11 January 2017 amending Decision (EU) 2015/5 on the implementation of the asset-backed securities purchase programme (ECB/2017/3)

CELEX: 32017D0003(01)
Document type: DEC
Sector: Legislation
Date of document: 2017-01-11
In force since: 2017-01-13
Status: In force
ELI: http://data.europa.eu/eli/dec/2017/102/oj

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Article 1 Amendment

In Article 2 of Decision (EU) 2015/5 (ECB/2014/45), the following point (10) is added: ‘(10) Purchases of nominal ABSs at a negative yield to maturity (or yield to worst) equal to or above the deposit facility rate are permitted. Purchases of nominal ABSs at a negative yield to maturity (or yield to worst) below the deposit facility rate are permitted to the extent necessary.’.

Article 2 Entry into force

This Decision shall enter into force on 13 January 2017.

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