1. Introductory Text

  2. Article 1.Definitions

  3. Article 2.The second series of targeted longer-term refinancing operations

  4. Article 3.Participation

  5. Article 4.Borrowing allowance, bid limit and benchmarks

  6. Article 5.Interest

  7. Article 6.Early repayment

  8. Article 7.Reporting requirements

  9. Article 8.Non-compliance with reporting requirements

  10. Article 9.Entry into force

    1. ANNEX I

      CONDUCT OF THE SECOND SERIES OF TARGETED LONGER-TERM REFINANCING OPERATIONS

      1. 1. Calculation of borrowing allowance and bid limit

      2. 2. Calculation of benchmarks

      3. 3. Calculation of interest rate

    2. ANNEX II

      THE SECOND SERIES OF TARGETED LONGER-TERM REFINANCING OPERATIONS — GUIDELINES FOR COMPILING DATA REQUIRED BY THE REPORTING TEMPLATE

      1. 1. Introduction

      2. 2. General information

      3. 3. General reporting instructions

        1. (a) Structure of the reporting template

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

        3. (c) Reporting in respect of TLTRO-II groups

        4. (d) Transmission of the data reports

        5. (e) Unit of the data

      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)

            3. — Reclassifications (3.2C)

      5. TLTRO-II reporting Only applicable in those cases where loans are...