Amendment
Article 1
Open ↗Decision ECB/2014/8 is amended as follows: Article 1 is amended as follows: (a) the following point (aa) is inserted: ‘(aa) “deposit” means a credit balance in euro or in another currency resulting from funds held in an account with an NCB or from temporary situations deriving from other services provided by an NCB, giving rise to a liability recorded on that NCB's balance sheet, and which that NCB is required to repay under the applicable contractual or regulatory conditions, including overnight and fixed term deposits;’; (b) point (c) is replaced by the following: ‘(c) “unsecured overnight market rate” means: (i) with regard to overnight deposits denominated in euro, the euro overnight index average rate (EONIA), or, following the discontinuation of EONIA, the euro short-term rate (€STR); and (ii) with regard to overnight deposits denominated in currencies other than the euro, a comparable rate;’; (c) point (d) is replaced by the following: ‘(d) “secured market rate” means: (i) with regard to fixed term deposits denominated in euro, the STOXX EUR GC Pooling term index with a comparable maturity, or its equivalent if it is discontinued or no longer considered as a benchmark; and (ii) with regard to fixed term deposits denominated in currencies other than the euro, a comparable rate.’.