Decision (EU) 2020/441 of the European Central Bank of 24 March 2020 amending Decision (EU) 2016/948 of the European Central Bank on the implementation of the corporate sector purchase programme (ECB/2020/18)

CELEX: 32020D0441
Document type: DEC
Sector: Legislation
Date of document: 2020-03-24
In force since: 2020-03-26
Status: In force
ELI: http://data.europa.eu/eli/dec/2020/441/oj

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Article 1 Amendment

‘2 If a marketable debt instrument has an initial maturity of 365/366 days or less, the minimum remaining maturity shall be 28 days at the time of its purchase by the relevant Eurosystem central bank. If a marketable debt instrument has an initial maturity of 367 days or more, the minimum remaining maturity shall be 6 months and the maximum remaining maturity shall be 30 years and 364 days at the time of its purchase by the relevant Eurosystem central bank’.

Article 2 Entry into force

This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union.

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