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ECB confirms remuneration ceiling for euro area government deposits and adjusts remuneration of other non-monetary policy deposits
Remuneration ceiling for euro area government overnight deposits remains unchanged at euro short-term rate (€STR) minus 20 basis points Uniform remuneration rate for most non-monetary policy deposits held with the Eurosystem adopted at €STR minus 20 basis points Small amount of non-monetary policy deposits not yet aligned to this uniform rate to be aligned Legal provisions for the remuneration of non-monetary policy deposits combined in single legal act to improve transparency On 16 April 2024 the Governing Council of the European Central Bank (ECB) decided to adopt a single legal act setting out a uniform ... (full story)
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- Posted: Apr 17, 2024 4:06am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,296
