Guideline (EU) 2024/1164 of the European Central Bank of 8 February 2024 amending Guideline (EU) 2016/65 on the valuation haircuts applied in the implementation of the Eurosystem monetary policy framework (ECB/2015/35) (ECB/2024/5)

CELEX: 32024O1164
Document type: GUIDELINE
Sector: Legislation
Date of document: 2024-02-08
In force since: 2024-02-13
Status: In force
ELI: http://data.europa.eu/eli/guideline/2024/1164/oj

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Article 1 Amendments

‘3 No valuation haircut shall be applied to ECB debt certificates and debt certificates issued by NCBs prior to the date of adoption of the euro in their respective Member State whose currency is the euro.’

Article 2 Taking effect and implementation

1 This Guideline shall take effect on the day of its notification to the NCBs.

2 The NCBs shall take the necessary measures to comply with this Guideline and apply them from 6 May 2024. They shall notify the European Central Bank of the texts and means relating to those measures by 22 March 2024 at the latest.

Article 3 Addressees

This Guideline is addressed to the NCBs.

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