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Decision of the European Central Bank of 29 July 2014 on measures relating to targeted longer-term refinancing operations (ECB/2014/34) (2014/541/EU)

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  1. Introductory Text

  2. Article 1.Definitions

  3. Article 2.Targeted longer-term refinancing operations

  4. Article 3.Participation

  5. Article 4.Limits on borrowing

  6. Article 5.Interest

  7. Article 6.Early repayment

  8. Article 7.Mandatory early repayment

  9. Article 8.Reporting requirements

  10. Article 9.Non-compliance with reporting requirements

  11. Article 10.Entry into force

  12. Signature

    1. ANNEX I

      CONDUCT OF THE TARGETED LONGER-TERM REFINANCING OPERATIONS

      1. 1. Calculation of borrowing limits

      2. 2. Calculation of mandatory early repayments

    2. ANNEX II

      TARGETED LONGER-TERM REFINANCING OPERATIONS — GUIDELINES FOR COMPLETING THE REPORTING TEMPLATE

      1. 1. Introduction

      2. 2. General information

      3. 3. General reporting instructions

        1. (a) Structure of the template

        2. (b) Definition of the ‘reporting period’

        3. (c) Reporting in respect of TLTRO groups

        4. (d) Transmission of the template

      4. 4. Definitions

        1. (a) Outstanding amounts of eligible loans (1 and 4)

          1. (i) Outstanding amounts on the balance sheet (1.1 and 4.1)

          2. (ii) Outstanding amounts of loans that are securitised or otherwise transferred...

          3. (iii) Outstanding provisions against eligible loans (1.3 and 4.3)

        2. (b) Eligible net lending (2)

          1. (i) Gross lending (2.1)

          2. (ii) Repayments (2.2)

        3. (c) Adjustments to the outstanding amounts

          1. (i) Loan sales and purchases and other loan transfers during the...

            1. — Net flows of securitised loans with an impact on loan...

            2. — Net flows of loans that are otherwise transferred with an...

            3. — Net flows of loans that are securitised or otherwise transferred...

          2. (ii) Other adjustments (3.2)

            1. — Revaluations owing to changes in exchange rates (3.2 A)

            2. — Write-offs/write-downs (3.2B)

              1. — In cases where participants report items 1.3 and 4.3, data...

              2. — Where it is the practice that outstanding amounts of loans...

            3. — Reclassifications (3.2C)

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