Regulatory Alerts2024-05-02
Added · Updated
Instruction (Archive) No. 7/2024
Bank of Portugal amends Instruction No. 3/2015 to align Portuguese monetary policy operations with ECB Guidelines, updating definitions for ECONS, intraday, and TARGET credits. The revision adjusts operational timelines for refinancing and deposit facilities, establishes specific auction schedules, and restores a 25,000 EUR minimum threshold for domestic credit rights collateral. It also clarifies eligibility rules for sustainability-linked bonds, third-country reference rates, and credit assessment frameworks.
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