2026-03-26

Instruction (Historical) No. 3/2026

The Bank of Portugal issued Instruction No. 3/2026 to amend Instruction No. 7/2012 regarding temporary eligibility criteria for collateral assets in Eurosystem credit operations. This regulation applies to credit institutions and establishes the legal framework for refinancing and liquidity operations within the Eurosystem. The instruction entered into force on March 30, 2026, under the authority of Law No. 5/98.

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Instruction (Historical) No. 3/2026

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

3/2026 Supplement

Enabling Law

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

Descriptors

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

Publication Date

26-03-2026

Disclosure Date

26-03-2026

Entry into Force Date

30-03-2026

Target Audience 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. 7/2012

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