Denomination, remuneration and maturity of the claim equivalent to the contribution
Article 4
1. With effect from 1 January 2026, and subject to the specifications in Article 3 regarding the settlement dates of the transfers of foreign reserve assets, the ECB shall credit BNB with a claim denominated in euro, equivalent to the aggregate euro amount of its contribution of foreign reserve assets. This claim corresponds to EUR 485 296 405,74. 2. The claim credited by the ECB to BNB shall be remunerated from the settlement date. The interest accruing shall be calculated on a daily basis, using the actual-over-360 day-count method of calculation, at a rate equivalent to 85 % of the reference rate as defined in Article 1, point (j), of Decision (EU) 2016/2248 (ECB/2016/36), as amended by Decision (EU) 2024/2939 (ECB/2024/33). 3. The accrued interest calculated in accordance with paragraph 2 shall be paid to BNB at the end of each financial year. Each quarter, the ECB shall inform BNB of the cumulative amount. 4. The claim shall not be redeemable.