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Decision (EU) 2022/435 of the European Central Bank of 8 March 2022 amending Decision 2010/275/EU concerning the management of pooled bilateral loans for the benefit of the Hellenic Republic (ECB/2022/9)

Decision (EU) 2022/435 of the European Central Bank of 8 March 2022 amending Decision 2010/275/EU concerning the management of pooled bilateral loans for the benefit of the Hellenic Republic (ECB/2022/9)

Decision (EU) 2022/435 · Decision · 2 articles

Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Amendment

Article 1

Article 5 of Decision 2010/275/EU (ECB/2010/4) is replaced by the following: ‘Article 5 Remuneration The account maintained with the ECB in the name of the Lenders shall be remunerated as follows: (a) if the deposit facility rate on the relevant calendar day is zero or higher (positive), at zero per cent or the euro short-term rate (€STR), whichever is lower; (b) if the deposit facility rate on the relevant calendar day is lower than zero (negative), at the deposit facility rate or the euro short-term rate (€STR), whichever is lower.’.

Entry into force

Article 2

This Decision shall enter into force on the fifth day following that of its publication in the Official Journal of the European Union . It shall apply from 4 April 2022.

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Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.

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