# C_2013187EN.01000101.xml

| 29.6.2013 | EN | Official Journal of the European Union | C 187/1 |
| --------- | -- | -------------------------------------- | ------- |

---

AGREEMENT

of 21 June 2013

between the European Central Bank and the national central banks of the Member States whose currency is not the euro amending the Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of economic and monetary union

2013/C 187/01

| 1. | Българска народна банка (Bulgarian National Bank) Knyaz Alexander I Sq. 1 1000 София/Sofia БЪЛГАРИЯ/BULGARIA Hrvatska narodna banka Trg hrvatskih velikana 3 10002 Zagreb HRVATSKA Česká národní banka Na Příkopě 28 115 03 Praha 1 ČESKÁ REPUBLIKA Danmarks Nationalbank Havnegade 5 1093 København K DANMARK Latvijas Banka K. Valdemara iela 2a Rīga, LV-1050 LATVIJA Lietuvos bankas Totorių g. 4 LT-01121 Vilnius LIETUVA/LITHUANIA Magyar Nemzeti Bank Budapest Szabadság tér 8–9. 1054 MAGYARORSZÁG/HUNGARY Narodowy Bank Polski ul. Świętokrzyska 11/21 00-919 Warszawa POLSKA/POLAND Banca Națională a României Str. Lipscani nr. 25, sector 3 030031 București ROMÂNIA Sveriges Riksbank Brunkebergstorg 11 SE-103 37 Stockholm SVERIGE Bank of England Threadneedle Street London EC2R 8AH UNITED KINGDOM | Българска народна банка (Bulgarian National Bank) | Knyaz Alexander I Sq. 1 | 1000 София/Sofia | БЪЛГАРИЯ/BULGARIA | Hrvatska narodna banka | Trg hrvatskih velikana 3 | 10002 Zagreb | HRVATSKA | Česká národní banka | Na Příkopě 28 | 115 03 Praha 1 | ČESKÁ REPUBLIKA | Danmarks Nationalbank | Havnegade 5 | 1093 København K | DANMARK | Latvijas Banka | K. Valdemara iela 2a | Rīga, LV-1050 | LATVIJA | Lietuvos bankas | Totorių g. 4 | LT-01121 Vilnius | LIETUVA/LITHUANIA | Magyar Nemzeti Bank | Budapest | Szabadság tér 8–9. | 1054 | MAGYARORSZÁG/HUNGARY | Narodowy Bank Polski | ul. Świętokrzyska 11/21 | 00-919 Warszawa | POLSKA/POLAND | Banca Națională a României | Str. Lipscani nr. 25, sector 3 | 030031 București | ROMÂNIA | Sveriges Riksbank | Brunkebergstorg 11 | SE-103 37 Stockholm | SVERIGE | Bank of England | Threadneedle Street | London | EC2R 8AH | UNITED KINGDOM |
| ------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------- | ----------------------- | ---------------- | ----------------- | ---------------------- | ------------------------ | ------------ | -------- | ------------------- | ------------- | -------------- | --------------- | --------------------- | ----------- | ---------------- | ------- | -------------- | -------------------- | ------------- | ------- | --------------- | ------------ | ---------------- | ----------------- | ------------------- | -------- | ------------------ | ---- | -------------------- | -------------------- | ----------------------- | --------------- | ------------- | -------------------------- | ------------------------------ | ---------------- | ------- | ----------------- | ------------------ | ------------------- | ------- | --------------- | ------------------- | ------ | -------- | -------------- |
| Българска народна банка (Bulgarian National Bank) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Knyaz Alexander I Sq. 1 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| 1000 София/Sofia | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| БЪЛГАРИЯ/BULGARIA | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Hrvatska narodna banka | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Trg hrvatskih velikana 3 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| 10002 Zagreb | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| HRVATSKA | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Česká národní banka | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Na Příkopě 28 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| 115 03 Praha 1 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| ČESKÁ REPUBLIKA | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Danmarks Nationalbank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Havnegade 5 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| 1093 København K | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| DANMARK | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Latvijas Banka | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| K. Valdemara iela 2a | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Rīga, LV-1050 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| LATVIJA | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Lietuvos bankas | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Totorių g. 4 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| LT-01121 Vilnius | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| LIETUVA/LITHUANIA | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Magyar Nemzeti Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Budapest | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Szabadság tér 8–9. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| 1054 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| MAGYARORSZÁG/HUNGARY | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Narodowy Bank Polski | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| ul. Świętokrzyska 11/21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| 00-919 Warszawa | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| POLSKA/POLAND | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Banca Națională a României | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Str. Lipscani nr. 25, sector 3 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| 030031 București | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| ROMÂNIA | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Sveriges Riksbank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Brunkebergstorg 11 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| SE-103 37 Stockholm | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| SVERIGE | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Bank of England | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Threadneedle Street | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| London | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| EC2R 8AH | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| UNITED KINGDOM | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

and

| 2. | European Central Bank (ECB) |
| -- | --------------------------- |

(hereinafter the ‘Parties’),

Whereas:

| (1) | The European Council in its Resolution of 16 June 1997 (hereinafter the ‘Resolution’) agreed to set up an exchange rate mechanism (hereinafter the ‘ERM II’) when the third stage of economic and monetary union began on 1 January 1999. |
| --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |

| (2) | Under the terms of the Resolution, ERM II is designed to help ensure that Member States whose currency is not the euro and who are participating in ERM II orient their policies to stability, foster convergence and thereby help the Member States whose currency is not the euro in their efforts to adopt the euro. |
| --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |

| (3) | With the accession of Croatia to the European Union, its national central bank (NCB), Hrvatska narodna banka, becomes part of the European System of Central Banks on 1 July 2013. The ERM II Central Bank Agreement should therefore be amended accordingly, |
| --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |

HAVE AGREED AS FOLLOWS:

Article 1

Amendment to the ERM II Central Bank Agreement in view of the accession of Croatia

Hrvatska narodna banka shall become a party to the ERM II Central Bank Agreement with effect from 1 July 2013.

Article 2

Replacement of Annex II to the ERM II Central Bank Agreement

Annex II to the ERM II Central Bank Agreement is replaced by the text set out in the Annex to this Agreement.

Article 3

Final provisions

| 3.1. | This Agreement amends the ERM II Central Bank Agreement with effect from 1 July 2013. |
| ---- | ------------------------------------------------------------------------------------- |

| 3.2. | This Agreement shall be drawn up in English and duly signed by the Parties’ authorised representatives. The ECB, which shall retain the original Agreement, shall send a certified copy of the original Agreement to each NCB of the Member States whose currency is the euro and each NCB of the Member States whose currency is not the euro. The Agreement shall be published in the Official Journal of the European Union. |
| ---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |

Done at Frankfurt am Main, 21 June 2013. For Българска народна банка (Bulgarian National Bank) ...
For Hrvatska narodna banka ...
For Česká národní banka ...
For Danmarks Nationalbank ...
For Latvijas Banka ...
For Lietuvos bankas ...
For the Magyar Nemzeti Bank ...
For Narodowy Bank Polski ...
For Banca Națională a României ...
For Sveriges Riksbank ...
For the Bank of England ...
For the European Central Bank ...

---

ANNEX ‘ANNEX II CEILINGS ON ACCESS TO THE VERY SHORT-TERM FINANCING FACILITY REFERRED TO IN ARTICLES 8, 10 AND 11 OF THE ERM II CENTRAL BANK AGREEMENT with effect from 1 July 2013 (million EUR) Central banks party to this Agreement
Ceilings( 1 ) Българска народна банка (Bulgarian National Bank)
510 Hrvatska Narodna Banka
430 Česká národní banka
690 Danmarks Nationalbank
700 Latvijas Banka
330 Lietuvos bankas
370 Magyar Nemzeti Bank
670 Narodowy Bank Polski
1 730 Banca Națională a României
990 Sveriges Riksbank
940 Bank of England
4 640 European Central Bank
nil National central banks of Member States whose currency is the euro
Ceilings Nationale Bank van België/Banque Nationale de Belgique
nil Deutsche Bundesbank
nil Central Bank of Ireland
nil Bank of Greece
nil Banco de España
nil Banque de France
nil Banca d’Italia
nil Central Bank of Cyprus
nil Eesti Pank
nil Banque centrale du Luxembourg
nil Central Bank of Malta
nil De Nederlandsche Bank
nil Oesterreichische Nationalbank
nil Banco de Portugal
nil Banka Slovenije
nil Národná banka Slovenska
nil Suomen Pankki
nil’
( 1 )  The amounts indicated are notional for central banks which do not participate in ERM II.

---