FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: Bids at a rate above the maximum bid rate announced by the ECB are discarded. Member State: as used in this document, an EU Member State which has adopted the single currency in accordance with the Treaty.
Portuguese: Moeda electrónica (electronic money): o valor monetário, representado por um crédito sobre o emitente, e que seja: a) armazenado num suporte electrónico, b) emitido contra a recepção de fundos de um valor não inferior ao valor monetário emitido, e c) aceite como meio de pagamento por outras empresas que não a emitente.
Swedish: Nationell centralbank (national central bank, NCB): används i detta dokument om centralbanken i en EU-medlemsstat som har antagit den gemensamma valutan i enlighet med fördraget.
Slovenian: Odprta ponudba mejnega depozita: odprta ponudba Eurosistema, ki jo nasprotne stranke lahko uporabijo za plasiranje depozitov čez noč pri nacionalni centralni banki in ki se obrestujejo po vnaprej določeni obrestni meri.
Latvian: Novērtējuma diskonts (valuation haircut): riska kontroles pasākums, ko piemēro reverso darījumu pamatā esošajiem aktīviem, kas nozīmē to, ka centrālā banka aprēķina pamatā esošo aktīvu vērtību kā aktīva tirgus vērtību pēc noteiktu procentu (diskonta) atskaitīšanas.
Lithuanian: Tai reiškia, kad kiekvienas nacionalinis centrinis bankas, administruodamas vertybinius popierius, atidaro vertybinių popierių sąskaitą kiekvienam kitam nacionaliniam centriniam bankui (ir ECB).
English: Minimum allotment amount: the lower limit of the amount to be allotted to individual counterparties in a tender operation. The Eurosystem may decide to allot a minimum amount to each counterparty in its tender operations.
Lithuanian: Kredito įstaiga (Credit institution): įstaiga, kuriai taikomas 2006 m. birželio 14 d. Europos Parlamento ir Tarybos direktyvos 2006/48/EB dėl kredito įstaigų steigimosi ir veiklos (nauja redakcija) 4 straipsnio 1 dalyje pateiktas apibrėžimas.
English: Minimum allotment ratio: the lower limit, expressed in percentage terms, of the ratio of bids at the marginal interest rate to be allotted in a tender operation. The Eurosystem may decide to apply a minimum allotment ratio in its tender operations.
Polish: Obligacja zerokuponowa: papier wartościowy przynoszący w okresie swojego trwania tylko jeden przepływ środków pieniężnych.
Lithuanian: Todėl kredito įstaiga – tai: i) įmonė, kuri verčiasi indėlių ar kitų grąžintinų lėšų priėmimu iš visuomenės ir paskolų teikimu savo sąskaita; arba ii) įmonė arba bet kuris kitas juridinis asmuo, išskyrus nurodytus (i) punkte, kuris mokėjimą atlieka elektroninių pinigų pavidalu.
English: Standard tender: a tender procedure used by the Eurosystem in its regular open market operations. Standard tenders are carried out within a time frame of 24 hours.
Lithuanian: Sąsajų mechanizmas (Interlinking mechanism): sistemoje TARGET esantis sąsajų mechanizmas, kuris užtikrina bendrą tvarką ir infrastruktūrą, leidžiančią mokėjimo pavedimus pervesti iš vienos šalies RLAA sistemos į kitą.
English: Table 1 Data required to be provided at monthly frequency (stocks)
Lithuanian: 1 lentelė
English: IRB internal ratings-based system ISIN International Securities Identification Number
Latvian: ISIN Starptautiskais vērtspapīru identifikācijas numurs (International Securities Identification Number)
English: The certificates constitute a debt obligation of the ECB vis-à-vis the holder of the certificate. The certificates are issued and held in book-entry form in securities depositories in the euro area.
Latvian: Sertifikāti ir ECB parādsaistības attiecībā pret sertifikāta turētāju.
English: The ECB does not impose any restrictions on the transferability of the certificates. Further provisions related to ECB debt certificates will be contained in the terms and conditions for such certificates.
Latvian: Sertifikātus emitē un ieraksta veidā glabā euro zonas vērtspapīru depozitārijos.
English: Interest terms The certificates are issued at a discount, i.e. they are issued at below the nominal amount and are redeemed at maturity at the nominal amount.
Latvian: ECB nepiemēro nekādus ierobežojumus sertifikātu pārvedamībai.
English: In a fixed rate tender, the ECB specifies the interest rate in advance and participating counterparties bid the amount of money they want to transact at the fixed interest rate [24]. In a variable rate tender, counterparties bid the amounts of money and the interest rates at which they want to enter into transactions with the national central banks [25].
Latvian: Mainīgas procentu likmes izsolē darījuma partneri iesniedz pieteikumus par naudas apjomu un procentu likmi, ar kādu tie vēlas iesaistīties darījumos ar nacionālajām centrālajām bankām [24].
English: The normal trade days for the main and the longer-term refinancing operations are specified in Table 2. The ECB aims to ensure that counterparties in all Member States can participate in the main and the longer-term refinancing operations.
Latvian: Precizējošās operācijas netiek veiktas saskaņā ar kādu iepriekš izveidotu grafiku.
English: Therefore, when compiling the calendar for these operations, the ECB makes appropriate adjustments to the normal schedule to take into account bank holidays in the individual Member States. Structural operations
Dutch: Derhalve houdt de ECB bij het opstellen van de kalender voor deze transacties rekening met de officiële feestdagen in de afzonderlijke lidstaten.
Polish: Eurosystem posiada opcję przeprowadzania przetargów o stałej stopie procentowej (przetarg kwotowy) lub o zmiennej stopie procentowej (przetarg procentowy).
Latvian: ECB var nolemt veikt precizējošās operācijas jebkurā Eurosistēmas darbadienā.
English: Structural operations through standard tenders are not executed according to any pre-specified calendar. However, they are normally conducted and settled only on days which are NCB business days [27] in all Member States.Fine-tuning operations
Latvian: Šādās operācijās piedalās tikai to dalībvalstu nacionālās centrālās bankas, kurās darījuma diena, norēķinu diena un atmaksāšanas diena ir NCB darbadienas.
English: The ECB may decide to conduct fine-tuning operations on any Eurosystem business day. Only national central banks of Member States in which the trade day, the settlement day and the reimbursement day are NCB business days participate in such operations.
Polish: W przetargu procentowym kontrahenci oferują kwoty i stopy procentowe, po których chcą zawrzeć transakcje z krajowymi bankami centralnymi [25].
Latvian: Standartizsoļu posmu parastais laika grafiks (norādīts ECB laiks (Viduseiropas laiks))
English: Normal time frame for the operational steps in standard tenders (times are stated in ECB time (CET)) T–1
Latvian: Tirdzniecības diena (T)
English: In fixed rate tenders, counterparties must state in their bids the amount of money that they are willing to transact with the national central banks [29]. In variable rate tenders, counterparties may submit bids for up to ten different interest rate/price/swap point levels. In each bid, they must state the amount of money that they are willing to transact with the national central banks and the respective interest rate [30] [31]. The interest rates bid must be expressed as multiples of 0,01 percentage point.
Latvian: Katrā pieteikumā jānorāda naudas apjoms, ko tie vēlas izmantot darījumā ar nacionālajām centrālajām bankām, un attiecīgā procentu likme [29] [30]., Procentu likmju pieteikumos procentu likmes solis ir 0.01 procentu punkts.
English: Counterparties are expected always to be in a position to cover the amounts allotted to them with a sufficient amount of eligible underlying assets [32]. The contractual or regulatory arrangements applied by the respective national central bank allow the imposition of penalties if a counterparty is unable to transfer a sufficient amount of underlying assets or cash to settle the amount it has been allotted in a tender operation.
Latvian: Izsoles piešķīruma procedūras
English: Bids submitted after the deadline specified in the tender announcement message are invalid. Respect of the deadline is judged by the national central banks.
Latvian: Sadalot fiksētas procentu likmes izsoles apjomu, darījuma partneru pieteikumi tiek summēti.
English: The national central banks discard all the bids of a counterparty if the aggregate amount bid exceeds any maximum bid limit established by the ECB. The national central banks also discard any bid which is below the minimum bid amount or which is below any minimum or above any maximum accepted interest rate/price/swap point.
Latvian: Ja pieteikumu kopsumma pārsniedz kopējo piešķiramās likviditātes apjomu, iesniegtie pieteikumi tiek apmierināti proporcionāli piedāvātajam apjomam, pamatojoties uz izsoles apjoma attiecību pret pieteikumu kopsummu (sk. 4. ielikumu).
English: If a bid is discarded, the respective national central bank informs the counterparty about its decision prior to the tender allotment. 5.1.5. Tender allotment procedures Fixed rate tender operations
Latvian: Tomēr fiksētas procentu likmes izsolēs ECB var nolemt katram pretendentam piešķirt minimālo apjomu/daļu.
English: In the allotment of a fixed rate tender, the bids received from counterparties are added together. If the aggregate amount bid exceeds the total amount of liquidity to be allotted, the submitted bids will be satisfied pro rata, according to the ratio of the amount to be allotted to the aggregate amount bid (see Box 4).
Latvian: IELIKUMS
English: The amount allotted to each counterparty is rounded to the nearest euro. However, the ECB may decide to allot a minimum amount/ratio to each bidder in fixed rate tenders. BOX 4
Latvian: Fiksētas procentu likmes izsoĻu piešķīrums
English: Allotment of fixed rate tenders The percentage of allotment is: all%=A
Latvian: Piešķīruma apjoma koeficients: all%=A
English: Settlement date for operations based on standard tenders Settlement date for operations based on quick tenders or bilateral procedures
Latvian: Saskaņā ar tirgus principiem attiecībā uz darījuma pamatā esošajiem aktīviem
English: Reverse transactions T + 1 [37] T
Latvian: Parāda sertifikātu emisija
English: According to market convention for the underlying assets Issuance of debt certificates T + 1 —
Latvian: Valūtas mijmaiņas darījumi
English: In case a marketable debt instrument is issued by a non-financial corporation [45] that is not rated by an accepted external credit assessment institution (ECAI), the place of issue must be the euro area. Settlement procedures The debt instrument must be transferable in book-entry form.
Latvian: Ja CVD, kas emitē aktīvu, un SSS, kurā tas atrodas turējumā, nav identiski, starp šīm iestādēm jāizveido ECB apstiprināta saikne [45].
English: the absence of restrictions related to banking secrecy and confidentiality; the absence of restrictions on the mobilisation of the credit claim;
Latvian: tādu ierobežojumu neesamību, kas saistīti ar banku darbības slepenību un konfidencialitāti;
English: RMBDs Credit standards
Portuguese: Instrumentos de dívida não transaccionáveis garantidos por empréstimos hipotecários a particulares
Latvian: Neliela apjoma ar hipotēku nodrošināti parāda instrumenti
English: This implies that if the value, measured on a regular basis, of the underlying assets falls below a certain level, the national central bank will require the counterparty to supply additional assets or cash (i.e. it will make a margin call). Similarly, if the value of the underlying assets, following their revaluation, exceeds a certain level, the counterparty may retrieve the excess assets or cash.
Polish: Oznacza to, że jeżeli mierzona regularnie wartość aktywów zabezpieczających spada poniżej pewnego poziomu, krajowy bank centralny zażąda od kontrahenta dostarczenia dodatkowych aktywów lub środków pieniężnych (jest to wezwanie do uzupełnienia depozytu zabezpieczającego).
Latvian: Tas nozīmē, ja, veicot regulāru pārvērtēšanu, tiek konstatēts, ka pamatā esošo aktīvu vērtība kļuvusi zemāka par noteiktu līmeni, nacionālā centrālā banka prasa darījuma partneriem nodrošināt papildu aktīvus vai naudas līdzekļus (t.i., veic papildu nodrošinājuma pieprasījumu).
English: In order to reduce the frequency of margin calls, national central banks may apply a trigger point. If applied, this trigger point is 0.5 % of the amount of liquidity provided.
Latvian: Lai samazinātu papildu nodrošinājuma pieprasīšanas biežumu, nacionālās centrālās bankas var piemērot kontrolslieksni.
English: Table 8 Levels of valuation haircuts applied to eligible marketable inverse floating rate debt instruments (percentages) Residual maturity (years) Inverse floater coupon 0-1
Latvian: Līdzīgi, ja pamatā esošo aktīvu tirgus vērtība pēc to pārvērtēšanas pārsniegtu augšējo kontrolslieksni, nacionālā centrālā banka izsniegtu atpakaļ darījuma partnerim aktīvus (vai naudas līdzekļus), kas veido pārsniegumu (sk. 8. ielikumu).
English: Before these links can be used to transfer collateral for Eurosystem credit operations, they have to be assessed and approved against the standards for the use of EU SSSs [96] [97]. From a Eurosystem perspective, the CCBM and the links between EU SSSs fulfil the same role of allowing counterparties to use collateral on a cross-border basis, i.e. both enable counterparties to use collateral to obtain credit from their home central bank, even if this collateral was issued in an SSS of another country.
Portuguese: Antes de poderem ser utilizadas na transferência de garantias para operações de crédito do Eurosistema, estas ligações terão de ser avaliadas e aprovadas nos termos dos padrões de utilização dos SLT da UE [96] [97].Na óptica do Eurosistema, o MBCC e as ligações entre SLT da UE desempenham o mesmo papel, ao permitirem que as contrapartes utilizem títulos numa base transfronteiras para garantia das suas operações, ou seja, ambos permitem às contrapartes a utilização de activos para obterem crédito dos respectivos bancos centrais nacionais, mesmo que esses activos sejam emitidos num SLT de outro país.
Latvian: Pirms šīs saiknes var izmantot nodrošinājuma pārvedumam Eurosistēmas kredītoperācijām, tās jānovērtē un jāapstiprina saskaņā ar ES VNS izmantošanas standartiem [96] [97], No Eurosistēmas viedokļa CCBM un ES SSS savstarpējām saiknēm ir vienāda loma – ļaut darījuma partneriem izmantot nodrošinājumu pārrobežu darījumos, t.i., tās ļauj darījuma partneriem izmantot nodrošinājumu, lai saņemtu kredītu no to vietējās centrālās bankas pat tad, ja šis nodrošinājums emitēts citas valsts VNS.
English: Counterparties may rely on these lists in deciding whether their liabilities are owed to another institution that is itself subject to reserve requirements. The lists, available to the public after close of business on the last Eurosystem business day of each calendar month, are valid for the calculation of the reserve base for the maintenance period beginning in the calendar month two months later.
Dutch: Reservebasis en reserveratio's
Latvian: Rezervju bāze un rezervju normas
English: Determination of minimum reserves Reserve base and reserve ratios
Dutch: De balansgegevens worden aan de nationale centrale banken gerapporteerd in het bredere kader van de bancaire en monetaire statistieken van de ECB (zie paragraaf 7.5) [101].
Latvian: Par bilances datiem nacionālajām centrālajām bankām tiek ziņots saskaņā ar vispārējo ECB naudas un banku statistikas sistēmu (sk. 7.5. sadaļu) [101].
English: The reserve base of an institution is defined in relation to elements of its balance sheet. The balance sheet data are reported to the national central banks within the general framework of the ECB’s money and banking statistics (see Section 7.5) [102].
Dutch: Voor instellingen die aan de volledige rapportageverplichtingen zijn onderworpen, worden de balansgegevens per de ultimo van een gegeven kalendermaand gebruikt voor de vaststelling van de reservebasis voor de aanhoudingsperiode die de twee kalendermaanden later begint.
Latvian: To iestāžu bilances dati, uz kurām attiecas prasība sniegt pilnīgu pārskatu, konkrētā kalendārā mēneša beigās tiek izmantoti, lai noteiktu rezervju bāzi izpildes periodam, kas sākas kalendārajā mēnesī pēc diviem mēnešiem.
English: The reporting framework for the ECB’s money and banking statistics includes the possibility of relieving small institutions of some of the reporting burden. Institutions to which this provision applies only need to report a limited set of balance sheet data on a quarterly basis (as end-of-quarter data) and with a reporting deadline which is longer than that set for larger institutions.
Dutch: Instellingen waarvoor dit geldt, behoeven slechts een beperkt aantal balansgegevens op kwartaalbasis (als kwartaalultimo-gegevens) te rapporteren, met een uiterste inleverdatum na de overeenkomstige datum voor grotere instellingen.
Latvian: Iestādēm, uz kurām attiecas šis nosacījums, katru ceturksni jāsniedz pārskats par ierobežotu bilances datu kopumu (ceturkšņa beigu dati) un noteikts ilgāks pārskata iesniegšanas termiņš nekā lielākām iestādēm.
English: For institutions with more than one establishment in a Member State, the head office is responsible for fulfilling the aggregate minimum reserves of all the domestic establishments of the institution [107]. An institution with establishments in more than one Member State is required to hold minimum reserves with the national central bank of each Member State in which it has an establishment, in relation to its reserve base in the corresponding Member State.
Latvian: Iestādes norēķinu kontus nacionālajās centrālajās bankās var izmantot kā rezervju kontus.
English: Reserve holdings on settlement accounts may be used for intraday settlement purposes. The daily reserve holding of an institution is calculated as the end-of-day balance on its reserve account.
Dutch: Een instelling kan aan de nationale centrale bank van de lidstaat waar de instelling ingezetene is toestemming vragen alle minimumreserves indirect te mogen aanhouden via een intermediair.
Latvian: Iestādes dienas rezerves tiek aprēķinātas, pamatojoties uz tās rezervju konta atlikumu dienas beigās.
English: where: R t
Slovak: R t
Latvian: R t
English: This list is published and updated daily on the ECB’s website (www.ecb.int). Marketable assets issued by non-financial corporations without a rating from an external credit assessment institution (ECAI) for the issue, issuer or guarantor are not included in the public list of eligible marketable assets. For these debt instruments, the eligibility status is dependent on the credit assessment of the credit assessment source chosen by the respective counterparty in accordance with the ECAF rules applicable to credit claims as set out in Section 6.3.3.
Latvian: Padomes 1985. gada 20. decembra Direktīvas 85/611/EEK par tiesību, noteikumu un administratīvo aktu koordināciju attiecībā uz pārvedamu vērtspapīru kolektīvo ieguldījumu uzņēmumiem (PVKIU; OV L 375, 31.12.1985., 3. lpp.), kurā pēdējie grozījumi veikti ar Padomes 2005. gada 24. marta Direktīvu 2005/1/EK (OV L 79, 24.03.2005., 9. lpp.).
English: Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (OJ L 375 of 31 December 1985, page 3), as last amended by Directive 2005/1/EC (OJ L 79 of 24 March 2005, page 9). [44] From 1 January 2007, international debt securities in global bearer form must, in order to be eligible, be issued in the form of New Global Notes (NGNs) and must be deposited with a Common Safekeeper (CSK) which is an ICSD or, if applicable, a CSD that fulfils the minimum standards established by the ECB.
Latvian: Lai starptautiskie parāda vērtspapīri globālā uzrādītāja apliecības veidā ar 2007. gada 1. janvāri būtu atbilstoši, tie jāemitē jaunu globālo parādzīmju (NGN) veidā un jāglabā kopējā depozitārijā (CSK), kas ir Starptautiskais centrālais vērtspapīru depozitārijs (ICSD) vai, ja nepieciešams, CVD, kas atbilst ECB noteikto standartu minimumam.
English: Such criteria were published in a notice entitled ‘Notice of the European Central Bank on the imposition of sanctions for breaches of the obligation to hold minimum reserves’, OJ C 39 of 11 February 2000, page 3. ‘
Latvian: 1. PIELIKUMS MONETĀRĀS POLITIKAS OPERĀCIJU UN PROCEDŪRU PIEMĒRI
English: A margin call is also needed on the second transaction since the adjusted market value of the underlying assets used in this transaction (EUR 44741520) is below the lower trigger level (EUR 44780672). The counterparty therefore provides EUR 270000 of Asset B with an adjusted market value of EUR 263143.
Latvian: Papildu nodrošinājuma pieprasījums nepieciešams arī otrajā darījumā, jo tajā izmantoto aktīvu koriģētā tirgus vērtība (44741520 euro) ir mazāka par zemāko kontrolsliekšņa summu (44780672 euro), tāpēc darījuma partneris nodrošina B aktīvu 270000 euro apjomā ar koriģēto tirgus vērtību 263143 euro.
English: Delivery-versus-payment or delivery-against-payment system: a mechanism in an exchange-for-value settlement system which ensures that the final transfer of assets (securities or other financial instruments) occurs if, and only if, the final transfer of another asset (or other assets) occurs. Dematerialisation: the elimination of physical certificates or documents of title which represent ownership of financial assets, so that the financial assets exist only as accounting records.
Slovak: Rámec Eurosystému pre hodnotenie úverovej bonity [Eurosystem credit assessment framework (ECAF)]: súbor procedúr, pravidiel a technických postupov, ktorým sa zabezpečuje dodržiavanie požiadaviek Eurosystému na vysoké štandardy úverovej bonity akceptovateľných aktív.
Latvian: Dienu aprēķina princips (day-count convention): princips, kas nosaka kredīta procentu aprēķināšanā izmantoto dienu skaitu.
English: Eurosystem business day: any day on which the ECB and at least one national central bank are open for the purpose of conducting Eurosystem monetary policy operations. Eurosystem credit assessment framework (ECAF): the set of procedures, rules and techniques that ensures that the Eurosystem’s requirement of high credit standards for all eligible assets is met.
Dutch: Kredietbeoordelingskader van het Eurosysteem (ECAF): hierin zijn de procedures, regels en technieken neergelegd waarmee wordt gegarandeerd dat aan het door het Eurosysteem gehanteerde vereiste van hoge kwaliteitseisen voor beleenbare activa wordt voldaan.
Latvian: Nosakot, kas ir augsti kredītstandarti, Eurosistēma izvirza atšķirīgas prasības tirgojamiem un netirgojamiem aktīviem.
English: In addition, in the assessment of the credit standard, the Eurosystem takes into account institutional criteria and features that guarantee similar protection for the instrument holder such as guarantees. The Eurosystem’s benchmark for establishing its minimum requirement for high credit standards (credit quality threshold) is defined in terms of a ‘single A’ credit assessment.
Latvian: Eurosistēmas etalons, nosakot augstu kredītstandartu prasību minimumu (kredītspējas slieksni), ir “A” kredītreitings.
English: Strip (separate trading of interest and principal): a zero coupon bond created in order to trade separately the claims on particular cash flows of a security and the principal of the same instrument. Structural operation: an open market operation executed by the Eurosystem mainly in order to adjust the structural liquidity position of the financial sector vis-à-vis the Eurosystem.
Latvian: Tas nozīmē, ja, veicot regulāru pārvērtēšanu, tiek konstatēts, ka pamatā esošo aktīvu vērtība noslīdējusi zem noteikta līmeņa, nacionālā centrālā banka prasa darījuma partneriem nodrošināt papildu aktīvus vai naudas līdzekļus (t.i., veic papildu nodrošinājuma pieprasījumu).
English: It is often referred to as the ‘Treaty of Rome’, as amended.
Polish: W transakcjach odwracalnych Eurosystem stosuje umowy z przyrzeczeniem odkupu o stałym terminie zapadalności.
Latvian: Atpirkšanas līguma vai mijmaiņas darījuma gadījumā termiņš atbilst atpirkšanas datumam.
English: Other general government Total
Swedish: Totalt
Latvian: Pārējie finanšu starpnieki + finanšu palīgsabiedrības