2024-05-02

Instruction (Archive) No. 6/2024

Banco de Portugal issued Instruction No. 6/2024 to amend Instruction No. 7/2012 regarding temporary eligibility criteria for collateral assets in Eurosystem credit operations. The amendment specifically updates the framework governing the acceptability of guarantees for refinancing operations within the Eurosystem. This regulatory change applies to credit institutions and entered into force on May 6, 2024.

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Instruction (Archive) No. 6/2024

Summary

Amends Instruction No. 7/2012, which establishes temporary measures regarding the eligibility criteria for collateral assets for Eurosystem credit operations.

Status

In force

Official Journal

4/2024 Supplement

Enabling Law

Law No. 5/98, of January 31, Arts. 12, 15, 16, and 24

Descriptors

Loan, Eurosystem, Euro, Bank Guarantee, Mortgage, Liquidity, Markets, Money Markets, Credit Operations, Pledge, Refinancing

Publication Date

02-05-2024

Disclosure Date

02-05-2024

Entry into Force Date

06-05-2024

Recipient Type

Credit Institutions

Recipients

Banks, Central Credit Cooperative Agricultural Box, Mutual Agricultural Credit Boxes, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions

Theme :: Subtheme

Money Markets

Instructions Amended/Revoked

Instruction No. 7/2012

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