Decision (EU) 2025/1512 of the European Central Bank of 16 July 2025 amending Decision (EU) 2019/1743 on the remuneration of holdings of excess reserves and of certain deposits (ECB/2019/31) and Decision (EU) 2024/1209 on the remuneration of non-monetary policy deposits held with national central banks and the European Central Bank (ECB/2024/11) (ECB/2025/23)

‘3 The ECB shall apply the remuneration rate as set out in Article 2(4), point (d), of Decision (EU) 2024/1209 (ECB/2024/11) to the dedicated account maintained with the ECB for the purposes of receiving, holding and making transfers of amounts that are allocated to the Ukraine Loan Cooperation Mechanism – established by Regulation (EU) 2024/2773 of the European Parliament and of the Council – pursuant to Article 4(1) of that Regulation, for the purpose of Article 5(1), point (a) thereof, and subject to the provisions of Article 8(4) thereof.

In Article 2, paragraph 4, of Decision (EU) 2024/1209 (ECB/2024/11), the following point (d) is added: ‘(d) for the dedicated account maintained with the ECB for the purposes of receiving, holding and making transfers of amounts that are allocated to the Ukraine Loan Cooperation Mechanism – established by Regulation (EU) 2024/2773 of the European Parliament and of the Council – pursuant to Article 4(1) of that Regulation, for the purpose of Article 5(1), point (a), thereof, and subject to the provisions of Article 8(4) thereof: €STR minus 20 basis points.

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

2 It shall apply from 1 August 2025.