FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: On the same day, the counterparty enters into a new repurchase transaction with the national central bank, which purchases EUR 75 million of Asset C in nominal value terms.
French: Le même jour, la contrepartie s’engage dans une nouvelle opération de pension avec la banque centrale nationale, qui achète EUR 75 millions de l’actif C en valeur nominale.
Spanish: El mismo día, la entidad de contrapartida formaliza una nueva cesión temporal con el banco central nacional, que compra activos C por un importe nominal de 75 millones de euros.
Portuguese: No mesmo dia, a contraparte contrata uma nova operação de reporte com o banco central nacional, o qual compra EUR 75 milhões do Activo C em termos do valor nominal.
Dutch: Die zelfde dag sluit de tegenpartij een nieuwe repo met de nationale centrale bank, waarbij deze EUR 75 miljoen aan activum C koopt.
Danish: Samme dag indgår modparten en ny genkøbsforretning med den nationale centralbank, der køber aktiv C til en nominel værdi af 75 mio. euro.
Swedish: Samma dag ingår motparten ett nytt repoavtal med den nationella centralbanken som köper tillgång C till ett nominellt värde av 75 miljoner euro.
Greek: Την ίδια ημέρα ο αντισυμβαλλόμενος συμμετέχει σε νέα πράξη κύριας αναχρηματοδότησης συνάπτοντας συμφωνία επαναγοράς με την εθνική κεντρική τράπεζα, η οποία αγοράζει τίτλους Γ ονομαστικής αξίας 75 εκατ. ευρώ.
Slovak: V ten istý deň zmluvná strana uzavrie s národnou centrálnou bankou novú dohodu o spätnom odkúpení, centrálna banka nakúpi aktíva C za 75 mil. EUR v menovitej hodnote.
Hungarian: Ugyanezen a napon az ügyfél újabb visszavásárlási ügyletet köt a nemzeti központi bankkal, amely 75 millió euro névértékű „C” kötvényt vásárol.
Slovenian: Nasprotna stranka istega dne začne novo repo transakcijo z nacionalno centralno banko, ki odkupi 75 milijonov EUR finančnega premoženja C v nominalni vrednosti.
Estonian: Samal päeval sõlmib osapool tagasiostutehingu riigi keskpangaga, kes ostab vara C nominaalväärtusega 75 miljonit eurot.
Latvian: Tajā pašā dienā darījuma partneris veic jaunu repo darījumu ar nacionālo centrālo banku, kas iegādājas C aktīvu 75 milj. euro nominālvērtībā.
Lithuanian: Tą pačią dieną kita sandorio šalis sudaro naują atpirkimo sandorį su nacionaliniu centriniu banku, kuris perka 75 mln. eurų nominaliosios vertės C turto.
English: In a pooling system, the notion of upper trigger amount is not relevant, since the counterparty will constantly target an excess amount of collateral provided in order to minimise operational transactions. -------------------------------------------------- ANNEX 2 GLOSSARY Actual/360: the day-count convention applied for the calculation of interest on a credit, implying that the interest is calculated over the actual number of calendar days over which the credit is extended, on the basis of a 360-day year.
Danish: I et system med pooling er den øvre tærskelværdi ikke relevant, da modparten konstant vil tilstræbe en overskydende sikkerhedsstillelse for at minimere de operationelle transaktioner.
English: Averaging provision: a provision allowing counterparties to fulfil their reserve requirements on the basis of their average reserve holdings over the maintenance period. The averaging provision contributes to the stabilisation of money market interest rates by giving institutions an incentive to smooth the effects of temporary liquidity fluctuations. The Eurosystem’s minimum reserve system provides for averaging. Bilateral procedure: a procedure whereby the central bank deals directly with only one or a few counterparties, without making use of tender procedures.
Danish: BILAG 2
Lithuanian: Amerikietiškasis aukcionas (American auction): žr. sutartinių palūkanų aukcionas.
English: Bilateral procedures include operations executed through stock exchanges or market agents. Book-entry system: an accounting system that permits the transfer of securities and other financial assets without the physical movement of paper documents or certificates (e.g. the electronic transfer of securities). See also dematerialisation.
German: ANHANG 2
Portuguese: Os pagamentos através dos correspondentes são frequentemente efectuados através de contas recíprocas (as chamadas contas nostro e loro), as quais podem estar associadas a linhas de crédito permanentes.
Danish: ORDLISTE
English: Central securities depository (CSD): an entity which holds and administers securities or other financial assets, holds the issuance accounts, and enables transactions to be processed by book entry. Assets may exist either physically (but immobilised within the CSD) or in a dematerialised form (i.e. only as electronic records).
German: GLOSSAR
Danish: Afviklingsagent (settlement agent): En institution, der administrerer afviklingsprocessen (dvs. fastlæggelse af betalingspositioner, overvågning af udvekslingen af betalinger osv.) for betalingssystemer, værdipapirafviklingssystemer eller andre arrangementer, der kræver afvikling.
English: Close links: a situation in which the counterparty is linked to an issuer/debtor/guarantor of debt instruments by reason of the fact that: (i) the counterparty owns 20 % or more of the capital of the issuer/debtor/guarantor, or one or more undertakings in which the counterparty owns the majority of the capital own 20 % or more of the capital of the issuer/debtor/guarantor, or the counterparty and one or more undertakings in which the counterparty owns the majority of the capital together own 20 % or more of the capital of the issuer/debtor/guarantor; or (ii) the issuer/debtor/guarantor owns 20 % or more of the capital of the counterparty, or one or more undertakings in which the issuer/debtor/guarantor owns the majority of the capital own 20 % or more of the capital of the counterparty, or the issuer/debtor/guarantor and one or more undertakings in which the issuer/debtor/guarantor owns the majority of the capital together own 20 % or more of the capital of the counterparty; or (iii) a third party owns both the majority of the capital of the counterparty and the majority of the capital of the issuer/debtor/guarantor, either directly, or indirectly through one or more undertakings in which that third party owns the majority of the capital. Collateral pooling system: a central bank system for managing collateral, in which counterparties open a pool account to deposit assets collateralising their transactions with the central bank.
Danish: Afviklingsdag (settlement date): Den dag, hvor en transaktion afvikles.
Latvian: Ātrās izsoles veic 90 minūšu laikā, un tajās piedalās ierobežots darījuma partneru loks.
English: In a pooling system, by contrast with an earmarking system, the underlying assets are not earmarked for individual transactions. Collection of fixed-term deposits: a monetary policy instrument that may be used by the Eurosystem for fine-tuning purposes, where the Eurosystem offers remuneration on counterparties’ fixed-term deposits on accounts with the national central banks in order to absorb liquidity from the market.
Danish: Afvikling kan ske på handelsdagen (afvikling samme dag) eller en eller flere dage efter handelsdagen (afviklingsdagen angives som handelsdag (H) + afviklingsforskydning).
English: Correspondent banking: an arrangement under which one credit institution provides payment and other services to another credit institution. Payments through correspondents are often executed through reciprocal accounts (nostro and loro accounts) to which standing credit lines may be attached.
German: Dieses Datum kann mit dem Abwicklungstag für die Transaktion zusammenfallen (gleichtägige Abwicklung) oder dem Abwicklungstag um eine bestimmte Anzahl von Geschäftstagen vorausgehen (der Abwicklungstag wird definiert als der Abschlusstag T + Zeit bis zur Abwicklung).
Portuguese: Área do euro (euro area): a área que abrange os Estados-Membros da UE que tenham adoptado o euro como sua moeda única em conformidade com as disposições do Tratado e na qual uma política monetária única é conduzida sob a responsabilidade do Conselho do BCE.
Danish: Afviklingskonto (settlement account): En konto, som en direkte deltager i et nationalt RTGSsystem har hos centralbanken med henblik på afvikling af betalinger.
English: A loro account is the term used by a correspondent to describe an account held on behalf of a foreign credit institution; the foreign credit institution would in turn regard this account as its nostro account. Correspondent central banking model (CCBM): a mechanism established by the European System of Central Banks with the aim of enabling counterparties to use underlying assets in a cross-border context.
French: Adjudication à taux unique (Adjudication «à la hollandaise») [Single-rate auction (Dutch auction)]: adjudication dans laquelle le taux d’intérêt (ou prix/taux de report/déport) appliqué à toutes les offres satisfaites est égal au taux d’intérêt marginal.
Danish: Auktion (tender procedure): En procedure, hvor centralbanken tilfører markedet likviditet eller opsuger likviditet fra markedet på grundlag af konkurrerende bud afgivet af modparter.
English: In the CCBM, national central banks act as custodians for one another. This means that each national central bank has a securities account in its securities administration for each of the other national central banks (and for the ECB).
Danish: De for eurosystemet mest fordelagtige bud accepteres først og så fremdeles, indtil hele det beløb, der skal tilføres eller opsuges, er nået.
Latvian: Centrālo banku korespondentattiecību modelis (CCBM) (correspondent central banking model (CCBM)): mehānisms, ko radījusi Eiropas Centrālo banku sistēma, lai darījuma partneri varētu izmantot esošos aktīvus pārrobežu darījumos.
English: Counterparty: the opposite party in a financial transaction (e.g. any transaction with the central bank). Credit institution: an institution covered by the definition contained in Article 4 (1) of Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast).
Danish: Auktion med en enkelt rentesats (hollandsk auktion) (single rate auction (Dutch auction)): En auktion, hvor tildelingsrenten (eller tildelingskursen eller antal swappoint ved tildelingen), der anvendes på alle accepterede bud, er lig med den marginale rente (eller den marginale kurs eller det marginale antal swappoint).
English: Cross-border settlement: a settlement which takes place in a country other than the country or countries in which one or both of the parties to the trade are located. Custodian: an entity which undertakes the safekeeping and administration of securities and other financial assets on behalf of others.
French: À l’inverse, si la valeur des actifs remis en garantie dépasse, à la suite d’une revalorisation, le montant dû par les contreparties majoré de la marge de variation, la contrepartie peut demander à la banque centrale de lui restituer les actifs (ou espèces) en excédent.
Portuguese: Banco central nacional (BCN) (national central bank (NCB)): tal como é utilizado neste documento, um banco central de um Estado-Membro da UE que adoptou a moeda única em conformidade com o disposto no Tratado.
Danish: Auktion til fast rente (fixed rate tender): En auktion, hvor renten er fastsat af centralbanken på forhånd, og de deltagende modparter afgiver bud på det ønskede beløb til den faste rente.
English: Day-count convention: the convention regulating the number of days included in the calculation of interest on credits. The Eurosystem applies the day-count convention actual/360 in its monetary policy operations.
Portuguese: Base de incidência (reserve base): soma das rubricas do balanço que constituem a base para o cálculo das reservas mínimas de uma instituição de crédito.
Danish: Auktion til variabel rente (variable rate tender): En auktionsprocedure, hvor modparterne afgiver bud både på det beløb, de ønsker at handle med centralbanken, og den rentesats, til hvilken de ønsker at indgå transaktionen.
English: Dutch auction: see single rate auction. Earmarking system: a system for central banks’ collateral management where liquidity is provided against assets earmarked for each individual transaction.
Dutch: Instrument met inverse variabele rente: een gestructureerd type effecten waarbij de aan de houder betaalde rentevoet omgekeerd varieert met de mutaties in een bepaalde referentierente.
Danish: Ekstraordinær auktion (quick tender): Den auktionsprocedure, som eurosystemet benytter i forbindelse med finjusterende operationer, når der ønskes en hurtig påvirkning af likviditetsforholdene i markedet.
Hungarian: Hitelintézet (Credit institution): olyan intézmény, amely a 2006. június 14-i 2006/48/EK európai parlamenti és tanácsi irányelv 1. cikkének (1) bekezdésében szereplő meghatározásnak megfelel.
Estonian: Hoiustamise püsivõimalus: eurosüsteemi püsivõimalus, mida osapooled võivad kasutada eelnevalt kindlaksmääratud intressimääraga üleööhoiuste tegemiseks liikmesriikide keskpankades.
Latvian: Jāatzīmē, ka to dalībvalstu nacionālās centrālās bankas, kas vēl nav ieviesušas vienoto valūtu saskaņā ar Līgumu, patur tiesības monetārās politikas jomā saskaņā ar attiecīgās valsts tiesību aktiem un tādējādi nav iesaistītas Eurosistēmas monetārās politikas īstenošanā.
English: These institutions are subject to a formal recognition and validation process by the national supervisors.
German: Es ist darauf hinzuweisen, dass die nationalen Zentralbanken der Mitgliedstaaten, die die einheitliche Währung gemäß dem Vertrag nicht eingeführt haben, ihre währungspolitischen Befugnisse nach innerstaatlichem Recht behalten und daher nicht in die Durchführung der Geldpolitik des Eurosystems eingeschaltet sind. Eurosystem (Eurosystem): Die Europäische Zentralbank (EZB) und die nationalen Zentralbanken der Mitgliedstaaten des Euro-Währungsgebiets.
Italian: Importo minimo assegnato [minimum allotment amount]: limite minimo all’ammontare che può essere assegnato alle singole controparti in un’operazione d’asta.
Dutch: Het kan door centrale banken worden verleend met het doel vereveningsverschillen te ondervangen, en wel in de volgende vormen: (i) als een voorschot tegen onderpand of (ii) als een lening op onderpand of bij een transactie met wederinkoop.
Danish: Renten beregnes ud fra det faktiske antal kalenderdage, som lånet løber over, i forhold til et år på 360 dage.
Greek: Το Ευρωσύστημα δύναται να αποφασίσει την εφαρμογή ελάχιστου ποσού σε κάθε αποδεκτή προσφορά.
Estonian: Kohustusliku reservi nõue: nõue, mille kohaselt asutustel peab olema keskpangas kohustuslik reserv.
Latvian: Šādu dienu skaitīšanas nosacījumu piemēro Eurosistēmas monetārās politikas operācijās.
English: Final transfer: an irrevocable and unconditional transfer which effects a discharge of the obligation to make the transfer.
German: Die Beschlussorgane des Eurosystems sind der EZB-Rat und das Direktorium der EZB. Euro-Währungsgebiet (euro area): Gebiet, das die EU-Mitgliedstaaten umfasst, welche den Euro gemäß dem Vertrag als einheitliche Währung eingeführt haben und in denen eine einheitliche Geldpolitik unter der Verantwortung des EZB-Rats durchgeführt wird.
Italian: L’Eurosistema può stabilire un ammontare minimo da assegnare a ciascuna controparte nelle proprie operazioni d’asta.
Danish: Denne rentekonvention anvendes i eurosystemets pengepolitiske operationer. Fast forrentet instrument (fixed rate instrument): Et finansielt instrument, hvor kuponrenten er fast i hele instrumentets løbetid.
Greek: Ελάχιστο ποσοστό κατανομής (minimum allotment ratio): το κατώτατο όριο του ποσοστού των προσφορών στο οριακό επιτόκιο που θα γίνουν αποδεκτές σε μια δημοπρασία.
Slovenian: Nasprotne stranke morajo za te sisteme pridobiti formalno priznanje in opraviti postopek potrditve s strani nacionalnih nadzornikov.
Latvian: Fiksētas procentu likmes instruments (fixed rate instrument): finanšu instruments, kura kupona procentu likme nemainās visā instrumenta darbības laikā.
English: Fine-tuning operation: a non-regular open market operation executed by the Eurosystem mainly in order to deal with unexpected liquidity fluctuations in the market.
German: Eurozinsmethode (act/360) (actual/360): Zinsberechnungsmethode, bei der die Zinsen taggenau berechnet werden, wobei für die Ermittlung des Zinsdivisors das Jahr zu 360 Tagen angenommen wird.
Italian: Inadempienza [default event]: fattispecie contemplata nel quadro di riferimento dell’Eurosistema per la valutazione della qualità creditizia (ECAF); ne viene data una definizione nella Direttiva 2006/48/CE del Parlamento europeo e del Consiglio, del 14 giugno 2006, relativa all’accesso all’attività degli enti creditizi e al suo esercizio (rifusione) e nella Direttiva 2006/49/CE del Parlamento europeo e del Consiglio, del 14 giugno 2006, relativa all’adeguatezza patrimoniale delle imprese di investimento e degli enti creditizi (rifusione), denominate unitamente «direttiva sui requisiti patrimoniali». Tale fattispecie si verifica quando «a) l’ente creditizio giudica improbabile che, senza il ricorso ad azioni quali l’escussione delle garanzie (eventualmente possedute), il debitore adempia integralmente alle sue obbligazioni creditizie verso l’ente creditizio stesso, la sua impresa madre o una delle sue filiazioni;» e/o «b) il debitore è in arretrato da oltre 90 giorni su una obbligazione creditizia rilevante verso l’ente creditizio, la sua impresa madre o una delle sue filiazioni.»
Portuguese: Instituição de custódia (custodian): entidade responsável pela custódia e gestão de títulos e outros activos financeiros em nome de terceiros.
Danish: Finjusterende operation (fine tuning operation): En markedsoperation, der udføres på ad hocbasis af eurosystemet med det primære formål at imødegå uventede likviditetsudsving i markedet.
Swedish: Dessa system godkänns formellt av nationella tillsynsmyndigheter. Intradagskredit (intraday credit): en kredit som lämnas för en kortare tid än en bankdag.
Finnish: Perusrahoitusoperaatiot toteutetaan viikoittaisina vakiohuutokauppoina, ja niissä sovellettava maturiteetti on yleensä yksi viikko.
Greek: Το Ευρωσύστημα δύναται να αποφασίσει την εφαρμογή ελάχιστου ποσοστού κατανομής στις δημοπρασίες του. Εναπομένουσα διάρκεια (residual maturity): ο χρόνος που απομένει μέχρι την ημερομηνία λήξεως ενός χρεογράφου.
Hungarian: A strip a kamatszelvény nélküli kötvény speciális formája.
Slovenian: ISIN-koda: mednarodna identifikacijska koda, ki se dodeli vrednostnim papirjem, izdanim na finančnih trgih.
Latvian: Fiksētas procentu likmes izsole (fixed rate tender): izsoles procedūra, kurā centrālā banka iepriekš nosaka procentu likmi un iesaistītie darījuma partneri iesniedz pieteikumus par tāda darījuma summu, kuru tie vēlas veikt ar fiksētu procentu likmi.
Lithuanian: Fiksuotųjų palūkanų priemonė (Fixed rate instrument): finansinė priemonė, kurios atkarpa yra fiksuota visam priemonės galiojimo laikui.
English: Fixed rate instrument: a financial instrument for which the coupon is fixed throughout the life of the instrument. Fixed rate tender: a tender procedure where the interest rate is specified in advance by the central bank and participating counterparties bid the amount of money they want to transact at the fixed interest rate.
French: Émetteur (Issuer): entité soumise à une obligation représentée par un titre ou un autre instrument financier.
Italian: Istituto di credito [credit institution]: istituzione ricompresa nella definizione contenuta nell’articolo 4, paragrafo 1, della Direttiva 2006/48/CE del Parlamento europeo e del Consiglio, del 14 giugno 2006, relativa all’accesso all’attività degli enti creditizi e al suo esercizio (rifusione).
Portuguese: Instituição externa de avaliação de crédito (IEAC) (external credit assessment institution (ECAI)): fonte de avaliação da qualidade de crédito apresentada no Quadro de avaliação de crédito do Eurosistema (ECAF), que é constituída pelas instituições cujas avaliações de crédito podem ser utilizadas pelasinstituições de crédito para o cálculo dos requisitos de capital, de acordo com a Directiva relativa aos requisitos de capital.
Dutch: Op grond daarvan is een kredietinstelling: (i) een onderneming waarvan de werkzaamheden bestaan in het van het publiek in ontvangst nemen van deposito’s of van andere terugbetaalbare gelden en het verlenen van kredieten voor eigen rekening en (ii) een onderneming, of enige andere rechtspersoon niet begrepen onder (i) die betaalmiddelen in de vorm van elektronisch geld uitgeeft.
Danish: Fradrag i reservekravsgrundlaget (standardised deduction): Den faste procentdel af udestående gældsinstrumenter med en aftalt løbetid på op til 2 år (inkl. pengemarkedspapirer), som udstedere, der ikke kan dokumentere størrelsen af deres passiver af denne type over for andre institutter underlagt eurosystemets reservekravssystem, over for ECB eller over for en national centralbank, kan udelade af deres reservekravsgrundlag.
English: Floating rate instrument: a financial instrument for which the coupon is periodically reset relative to a reference index to reflect changes in short or medium-term market interest rates.
German: Im Falle einer Rückkaufsvereinbarung oder eines Swapgeschäfts entspricht der Fälligkeitstag dem Rückkaufstag. Feinsteuerungsoperation (fine-tuning operation): Unregelmäßiges, vom Eurosystem durchgeführtes Offenmarktgeschäft, das hauptsächlich darauf abzielt, unerwartete Liquiditätsschwankungen am Markt auszugleichen.
Portuguese: Estas instituições estão sujeitas ao reconhecimento e aprovação formal das autoridades de supervisão nacionais.
Dutch: Langerlopende herfinancieringstransactie: een op regelmatige basis door het Eurosysteem uitgevoerde open-markttransactie in de vorm van een transactie met wederinkoop.
Danish: Genkøbsforretning (repurchase agreement): En forretning, hvor et aktiv sælges, og sælger samtidig berettiges og forpligtes til at købe det tilbage til en bestemt pris på et givet tidspunkt i fremtiden eller på anfordring.
Swedish: Inom Eurosystemets kassakravssystem beräknas storleken på varje kreditinstituts kassakrav genom att kassakravsprocenten varje post i kassakravsbasen multipliceras med respektive belopp i institutets balansräkning.
Finnish: Eurojärjestelmä voi päättää jakaa jonkin tietyn vähimmäismäärän kullekin huutokaupan vastapuolelle.
Greek: Εργάσιμη ημέρα της ΕθνΚΤ (NCB business day): οποιαδήποτε ημέρα κατά την οποία η εθνική κεντρική τράπεζα ενός συγκεκριμένου κράτους-μέλους λειτουργεί για τη διενέργεια πράξεων νομισματικής πολιτικής του Ευρωσυστήματος.
Slovenian: Konec dneva: ura v delovnem dnevu (po zaprtju sistema TARGET za poslovanje), ko se za ta dan zaključijo plačila, poslana v obdelavo v sistem TARGET.
Latvian: Holandiešu izsole (Dutch auction): sk. vienas procentu likmes izsole. Iekšējā kredītnovērtējuma sistēma (IKNS) (in-house credit assessment system (ICAI)): Eurosistēmas kredītnovērtējuma sistēmā (EKNS) nodrošināts kredītspējas novērtējuma avots.
Lithuanian: Grįžtamasis sandoris (Reverse transaction): operacija, kurią atlikdamas nacionalinis centrinis bankas perka arba parduoda turtą sudarydamas atpirkimo sandorį arba vykdo įkaitu užtikrintas kredito operacijas.