2021-03-30

Instruction (Historical) No. 6/2021

Bank of Portugal issued Instruction No. 6/2021 to amend Instruction No. 3/2015, which establishes uniform rules for implementing the Single Monetary Policy within the Eurosystem. The amendment specifically updates the operational framework for monetary policy operations, including refinancing operations and standing facilities, to ensure alignment with current Eurosystem practices. This regulatory change applies to credit institutions and other financial entities subject to Bank of Portugal supervision.

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Instruction (Historical) No. 6/2021

Summary

Amends Instruction No. 3/2015, which establishes uniform rules for the implementation of the single monetary policy by the Eurosystem.

Status

In force

Official Journal

3/2021 Supplement Law

Enabling Law

Law No. 5/98, of 31-1

Descriptors

Euro, Eurosystem, Auction, Markets, Money Markets, SWAP Operation, Repo, SITEME, Monetary Policy

Publication Date

30-03-2021

Disclosure Date

30-03-2021

Entry into Force Date

12-04-2021

Recipient Type

Credit Institutions

Recipients

Banks, Central Credit Cooperative Savings Bank, Agricultural Credit Cooperative Savings Banks, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions

Theme :: Subtheme

Money Markets

Instructions Amended/Revoked

Instruction No. 3/2015

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