Decision (EU) 2025/1512 of the European Central Bank of 16 July 2025 amending Decision (EU) 2019/1743 on the remuneration of holdings of excess reserves and of certain deposits (ECB/2019/31) and Decision (EU) 2024/1209 on the remuneration of non-monetary policy deposits held with national central banks and the European Central Bank (ECB/2024/11) (ECB/2025/23)

• CELEX: Decision (EU) 2025/1512
• Articles: 3

Article 1 Amendment to Decision (EU) 2019/1743 (ECB/2019/31)

In Article 2 of Decision (EU) 2019/1743 (ECB/2019/31), the following paragraph 3 is added:

‘3.   The ECB shall apply the remuneration rate as set out in Article 2(4), point (d), of Decision (EU) 2024/1209 (ECB/2024/11) to the dedicated account maintained with the ECB for the purposes of receiving, holding and making transfers of amounts that are allocated to the Ukraine Loan Cooperation Mechanism – established by Regulation (EU) 2024/2773 of the European Parliament and of the Council  ( *1 ) – pursuant to Article 4(1) of that Regulation, for the purpose of Article 5(1), point (a) thereof, and subject to the provisions of Article 8(4) thereof.

Article 2 Amendment to Decision (EU) 2024/1209 (ECB/2024/11)

In Article 2, paragraph 4, of Decision (EU) 2024/1209 (ECB/2024/11), the following point (d) is added:

‘(d)

for the dedicated account maintained with the ECB for the purposes of receiving, holding and making transfers of amounts that are allocated to the Ukraine Loan Cooperation Mechanism – established by Regulation (EU) 2024/2773 of the European Parliament and of the Council  ( *2 ) – pursuant to Article 4(1) of that Regulation, for the purpose of Article 5(1), point (a), thereof, and subject to the provisions of Article 8(4) thereof: €STR minus 20 basis points.

Article 3 Entry into force

1.   This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union .

2.   It shall apply from 1 August 2025.