natgillin/translations-raw huggingface dataset:
De omfatter centralbankerne , residente kreditinstitutter som defineret i fællesskabslovgivningen samt alle øvrige residente finansielle institutioner , som modtager indskud og / eller nære substitutter for indskud fra enheder undtagen MFIer , og som for egen regning ( i det mindste økonomisk set ) yder kredit og / eller investerer i værdipapirer .
These include central banks , resident credit institutions , as defined in Community law , and all other resident financial institutions whose business is to receive deposits and / or close substitutes for deposits from entities other than MFIs and , for their own account ( at least in economic terms ) , to grant credit and / or invest in securities . Multiple rate auction ( American auction ) : an auction at which the allotment interest rate ( or price / swap point ) equals the interest rate offered in each individual bid .
National centralbank ( NCB ) : Herved forstås i dette dokument en centralbank i en EU-medlems-stat , der har indført den fælles valuta i overensstemmelse med traktaten .
National central bank ( NCB ) : as used in this document , a central bank of an EU Member State which has adopted the single currency in accordance with the Treaty .
L 352/76
L 352/76
NCB-bankdage ( NCB business day ) : De dage , hvor den nationale centralbank i en bestemt medlemsstat er åben for udførelse af eurosystemets pengepolitiske operationer .
NCB business day : any day on which the national central bank of a specific Member State is open for the purpose of conducting Eurosystem monetary policy operations .
I nogle medlemsstater kan filialer af den nationale centralbank være lukket på NCB-bankdage på grund af lokale eller regionale helligdage .
In some Member States , branches of the national central bank may be closed on NCB business days owing to local or regional bank holidays .
I sådanne tilfælde skal den relevante nationale centralbank på forhånd oplyse modparterne om procedurerne for transaktioner med deltagelse af disse filialer .
In such cases , the relevant national central bank is responsible for informing the counterparties in advance of the arrangements to be made for transactions involving those branches .
Nulkuponobligation ( zero coupon bond ) : Et værdipapir , der kun medfører udbetaling én gang i sin løbetid .
Open market operation : an operation executed on the initiative of the central bank in the financial market .
I dette dokument kan nulkuponobligationer omfatte både værdipapirer udstedt til underkurs og værdipapirer , der udløser en enkelt rentebetaling ved forfald .
With regard to their aims , regularity and procedures , Eurosystem open market operations can be divided into four categories : main refinancing operations , longer-term refinancing operations , fine-tuning operations and structural operations . As for the instruments used , reverse transactions are the main open market instrument of the Eurosystem and can be employed in all four categories of operations .
En strip er en særlig type nulkuponobligation .
In addition , the issuance of debt certificates and outright transactions are available for structural operations , while outright transactions , foreign exchange swaps and the collection of fixedterm deposits are available for the conduct of fine-tuning operations .
Pooling , system med ( pooling system ) : Se sikkerhed , system til pooling af .
Outright transaction : a transaction whereby assets are bought or sold up to their maturity ( spot or forward ) . Pooling system : see collateral pooling system .
Primær markedsoperation ( main refinancing operation ) : En regelmæssig markedsoperation , der udføres af eurosystemet som en tilbageførselsforretning .
Post-fixed coupon : a coupon on floating rate instruments which is determined on the basis of the values taken by the reference index on a certain date ( or dates ) during the coupon accrual period .
De primære markedsoperationer udføres i form af ugentlige standardauktioner med en løbetid på normalt en uge . Ratingværktøjer ( rating tools ) : En kilde til vurdering af kreditkvalitet , der anvendes inden for eurosystemets rammer for kreditvurdering , og som omfatter tredjemands redskaber til vurdering af debitorers kreditkvalitet , hvortil der bl .
Pre-fixed coupon : a coupon on floating rate instruments which is determined on the basis of the values taken by the reference index on a certain date ( or dates ) before the start of the coupon accrual period . Purchase date : the date on which the sale of purchased assets by the seller to the buyer becomes effective .
a. anvendes oplysninger som reviderede regnskaber .
Purchase price : the price at which purchased assets are sold or are to be sold to the buyer by the seller .
Applikationerne skal godkendes af eurosystemet enkeltvis inden de kan blive en del af eurosystemets rammer for kreditvurdering .
Quick tender : the tender procedure used by the Eurosystem for fine-tuning operations when it is deemed desirable to have a rapid impact on the liquidity situation in the market .
Registreringsinstitution ( depository ) : En institution , hvis hovedfunktion er at registrere værdipapirer enten fysisk eller elektronisk og føre lister over , hvem der ejer værdipapirerne . Rentekonvention ( day-count convention ) : Konventionen for det antal dage , der indgår i beregningen af renter på lån .
Quick tenders are executed within a time frame of 90 minutes and are restricted to a limited set of counterparties . Rating tools ( RTs ) : a credit quality assessment source provided for in the Eurosystem credit assessment framework ( ECAF ) that comprises third-party applications that assess the credit quality of debtors by using , among other information , audited accounts .
Eurosystemet anvender rentekonventionen faktisk / 360 i sine pengepolitiske operationer .
These applications need to be individually accepted by the Eurosystem before becoming part of the ECAF .
Repo-operation ( repo operation ) : En likviditetstilførende tilbageførselsforretning udført som en genkøbsforretning .
Repo operation : a liquidity-providing reverse transaction based on a repurchase agreement .
Reservekrav ( reserve requirement ) : Kravet om , at institutter skal holde mindstereserver på konti hos centralbanken .
Repurchase agreement : an arrangement whereby an asset is sold while the seller simultaneously obtains the right and obligation to repurchase it at a specific price on a future date or on demand .
I eurosystemets reservekravssystem beregnes et kreditinstituts reservekrav ved at multiplicere reservekravskoefficienten for hver kategori af balanceposter i reservekravsgrundlaget med beløbet for de tilsvarende balanceposter på instituttets balance .
Such an agreement is similar to collateralised borrowing , with the difference that ownership of the securities is not retained by the seller . The Eurosystem uses repurchase agreements with a fixed maturity in its reverse transactions .
Desuden indrømmes institutterne et standardfradrag , der fratrækkes deres reservekrav .
Repurchase date : the date on which the buyer is obliged to sell back assets to the seller in relation to a transaction under a repurchase agreement .
Reservekravsgrundlag ( reserve base ) : Summen af de balanceposter , der udgør grundlaget for beregning af et kreditinstituts reservekrav .
Repurchase price : the price at which the buyer is obliged to sell back assets to the seller in relation to a transaction under a repurchase agreement .
Reservekravskoefficient ( reserve ratio ) : Den koefficient , som centralbanken har defineret for hver enkelt kategori af balanceposter i reservekravsgrundlaget . Koefficienterne bruges til beregning af reservekravene .
The counterparties » settlement accounts with the national central banks may be used as reserve accounts . Reserve base : the sum of the balance sheet items which constitute the basis for calculating the reserve requirement of a credit institution .
Reservekravskonto ( reserve account ) : En konto hos den nationale centralbank , hvor en modpart holder sit reservekravsindestående .
Reserve holdings : counterparties » holdings on their reserve accounts which serve to fulfil reserve requirements .
Modparternes afviklingskonti hos de nationale centralbanker kan benyttes som reservekravskonti .
Reserve ratio : the ratio defined by the central bank for each category of balance sheet items included in the reserve base .
Reservekravsperiode ( maintenance period ) : Den periode , for hvilken overholdelse af reservekravene beregnes .
L 352/77 Reserve requirement : the requirement for institutions to hold minimum reserves with the central bank .
ECB offentliggør en kalender over reservekravsperioderne mindst tre måneder inden årets begyndelse . Reservekravsperioderne starter på afviklingsdagen for den første primære markedsoperation efter det møde i Styrelsesrådet , hvor den månedlige vurdering af pengepolitikken fin-der sted , og slutter normalt dagen før den tilsvarende afviklingsdag i den efterfølgende måned .
Within the minimum reserve framework of the Eurosystem , the reserve requirement of a credit institution is calculated by multiplying the reserve ratio for each category of items in the reserve base with the amount of those items on the institution 's balance sheet . In addition , institutions deduct a lump-sum allowance from their reserve requirement .
Under særlige omstændigheder kan den offentliggjorte kalender ændres , fx hvis der ændres i kalenderen over Styrelsesrådets møder . Restløbetid ( residual maturity ) : Den tid , der er tilbage inden et gældsinstruments indfrielse .
Residual maturity : the time remaining until the maturity date of a debt instrument . Reverse transaction : an operation whereby the national central bank buys or sells assets under a repurchase agreement or conducts credit operations against collateral .
RTGS-system ( realtidsbruttoafviklingssystem ) ( real-time gross settlement ( RTGS ) system ) : Et afviklingssystem , hvor betalingsinstrukser behandles , efterhånden som de opstår ( uden netting ) , og afvikles i realtid ) ( kontinuerligt ) .
RTGS ( real-time gross settlement ) system : a settlement system in which processing and settlement take place on an order-by-order basis ( without netting ) in real time ( continuously ) .
Salgsdato ( purchase date ) : Den dato , hvor ejendomsretten til de pågældende aktiver overgår fra sælger til køber . Salgspris ( purchase price ) : Den pris , til hvilken de pågældende aktiver sælges eller skal sælges .
Safe custody account : a securities account managed by the central bank on which creditinstitutions can place securities deemed suitable to back central bank operations . Securities settlement system ( SSS ) : a system which permits the holding and transfer of securities or other financial assets , either free of payment ( FOP ) or against payment ( delivery versus payment ) .
Sikkerhed , system til pooling af ( collateral pooling system ) : Et system til centralbankernes administration af sikkerhed , hvor modparterne åbner en poolkonto til deponering af aktiver , der tjener som sikkerhed i deres transaktioner med centralbanken . I modsætning til et system med øremærkning er de underliggende aktiver ikke øremærket til de enkelte transaktioner .
Settlement account : an account held by a direct participant in a national RTGS system with the central bank for the purpose of processing payments . Settlement agent : an institution which manages the settlement process ( e.g. the determination of settlement positions , the monitoring of payment exchanges , etc .) for transfer systems or other arrangements requiring settlement .
Snævre forbindelser ( close links ) : Forekommer i en situation , hvor modparten er forbundet med gældsinstrumenternes udsteder / debitor / garant på en af følgende måder : a ) Modparten ejer mindst 20 pct . af udstederens / debitorens / garantens kapital , eller et eller flere foretagender , hvor modparten ejer størstedelen af kapitalen , ejer mindst 20 pct .
Settlement date : the date on which a transaction is settled . The settlement might take place on the same day as the trade ( same-day settlement ) or one or several days after the trade ( the settlement date is specified as the trade date ( T ) + the settlement lag ) .
af modpartens kapital , eller c ) tredjepart ejer størstedelen af både modpartens og udstederens / debitoren / garantens kapital , enten direkte eller indirekte , eller gennem et eller flere foretagender , hvor tredjeparten ejer størstedelen af kapitalen .
Single rate auction ( Dutch auction ) : an auction in which the allotment interest rate ( or price / swap point ) applied for all satisfied bids is equal to the marginal interest rate .
Eurosystemet tilbyder to dag-til-dag faciliteter : den marginale udlånsfacilitet og indlånsfaciliteten . Swappoint : Forskellen mellem valutakursen for terminsforretningen og valutakursen for spotforretningen i en valutaswap .
Swap point : the difference between the exchange rate of the forward transaction and the exchange rate of the spot transaction in a foreign exchange swap .
Target ( Trans-European Automated Real-time Gross settlement Express Transfer ) : Et realtidsbruttoafviklingssystem for euroen .
TARGET ( Trans-European Automated Real-time Gross settlement Express Transfer system ) : the real-time gross settlement system for the euro .
Target er et decentralt system bestående af 15 nationale RTGSsystemer , ECBs betalingsmekanisme og Interlinking-mekanismen .
It is a decentralised system consisting of 15 national RTGS systems , the ECB payment mechanism and the Interlinking mechanism .
Tidsindskud ( deposits with agreed maturity ) : Denne kategori omfatter hovedsagelig indskud med en aftalt løbetid , som enten ikke kan konverteres før forfaldsdagen eller kun mod et strafgebyr , afhængig af national praksis .
13.12.2006 Tender procedure : a procedure in which the central bank provides liquidity to , or withdraws liquidity from , the market on the basis of bids submitted by counterparties in competition with each other .
Den omfatter også visse ikke-omsættelige gældsinstrumenter , fx ikkeomsættelige ( detail ) indskudsbeviser . Tilbageførselsforretning ( reverse transaction ) : En operation , hvor den nationale centralbank køber eller sælger aktiver i form af en genkøbsforretning eller foretager udlån mod sikkerhed .
The most competitive bids are satisfied first until the total amount of liquidity to be provided or withdrawn by the central bank is exhausted . Trade date ( T ) : the date on which a trade ( i.e. an agreement on a financial transaction between two counterparties ) is struck .
Tilbagekøbsdag ( repurchase date ) : Den dag , hvor køber er forpligtet til at sælge aktiverne tilbage til sælger i en transaktion som led i en genkøbsforretning . L 352/78
The trade date might coincide with the settlement date for the transaction ( same-day settlement ) or precede the settlement date by a specified number of business days ( the settlement date is specified as T + the settlement lag ) .
Tilpasning til markedsværdi ( marking to market ) : Se variationsmargin .
Treaty : the Treaty establishing the European Community .
Traktaten ( Treaty ) : Traktaten om oprettelse af Det Europæiske Fællesskab , ofte benævnt Rom-traktaten , med senere ændringer .
It is often referred to as the « Treaty of Rome » , as amended .
Tærskelværdi ( trigger point ) : En på forhånd fastsat værdi for den tilførte likviditet , ved hvilken der udføres et margin call .
Trigger point : a pre-specified level of the value of the liquidity provided at which a margin call is executed .
Udløbsdato ( maturity date ) : Den dato , hvor en pengepolitisk operation udløber .
Valuation date : the date on which the assets underlying credit operations are valued .
Udsteder ( issuer ) : Den enhed , som forpligtes af et værdipapir eller andet finansielt instrument . Ultimo dagen ( end-of-day ) : Det tidspunkt på bankdagen ( efter Targets lukketid ) , hvor behandlingen af betalinger i Target afsluttes .
Valuation haircut : a risk control measure applied to underlying assets used in reverse transactions , implying that the central bank calculates the value of underlying assets as the market value of the assets reduced by a certain percentage ( haircut ) .
Variationsmargin ( tilpasning til markedsværdi ) ( variation margin ( marking to market )) : Eurosystemet kræver , at kursværdien af de underliggende aktiver i likviditetstilførende tilbageførselsforretninger , som eurosystemet kræver holdes på et vist niveau .
Variation margin ( marking to market ) : a certain level of the market value of the underlying assets used in the Eurosystem 's liquidity-providing reverse transactions that the Eurosystem requires to be maintained over time .
Værdipapirafviklingssystem ( securities settlement system ( SSS )) : Et system , hvor værdipapirer eller andre finansielle aktiver kan opbevares eller overføres mod betaling ( levering mod betaling ) eller uden betaling .
Zero coupon bond : a security paying only one cash flow during its life .
Værdipapircentral ( central securities depository ( CSD )) : En enhed , der opbevarer og administre-rer værdipapirer eller andre finansielle aktiver og emissionskontiene , og som muliggør værdipapirhandler i elektronisk form .
For the purpose of this document , zero coupon bonds include securities issued at a discount and securities which deliver a single coupon at maturity .
Værdipapirer kan eksistere som fysiske papirer ( der opbevares i værdipapircentralen ) eller som dematerialiserede værdipapirer ( dvs . kun som elektroniske registreringer ) .
A strip is a special type of zero coupon bond .
Øremærkning , system med ( earmarking system ) : Et system til centralbankernes administration af de sikkerhedsstillede aktiver , hvor der tilføres likviditet mod aktiver , der er øremærket til den enkelte transaktion . 13.12.2006
13.12.2006 EN
L 352/79
L 352/79
BILAG 3 UDVÆLGELSE AF MODPARTER TIL VALUTAINTERVENTIONER OG VALUTASWAPS , DER UDFØRES I PENGEPOLITISK ØJEMED
ANNEX 3 SELECTION OF COUNTERPARTIES FOR FOREIGN EXCHANGE INTERVENTION OPERATIONS AND FOREIGN EXCHANGE SWAPS FOR MONETARY POLICY PURPOSES
Udvælgelsen af modparter til valutainterventio-De nationale centralbanker kan anvende limits ner og valutaswaps , der udføres af pengepoliti-for at kontrollere krediteksponeringen over for ske årsager , følger samme fremgangsmåde , uan-de enkelte modparter i valutaswaps , der udføres i set det valgte organisatoriske set-up for pengepolitisk øjemed . eurosystemets eksterne operationer .
The selection of counterparties for foreign exchange intervention operations and foreign exchange swaps for monetary policy purposes follows a uniform approach irrespective of the chosen organisational set-up for the Eurosystem 's external operations .
Udvælgelsen af modparter til eurosystemets valutainterventioner baseres hovedsagelig på to sæt kriterier .
The selection of counterparties to Eurosystem foreign exchange intervention operations is based , primarily , on two sets of criteria .
De nationale centralbanker kan avende limits for at kontrollere krediteksponeringer over for de enkelte modparter i valutaswaps , der udføres i pengepolitish øjemed .
The national central banks may apply limit-based systems in order to control credit exposures vis-à-vis individual counterparties in foreign exchange swaps conducted for monetary policy purposes .
L 352/80
L 352/80
BILAG 4 RAPPORTERINGSGRUNDLAG FOR DEN EUROPÆISKE CENTRALBANKS PENGE - OG BANKSTATISTIK ( 1 )
ANNEX 4 REPORTING FRAMEWORK FOR THE MONEY AND BANKING STATISTICS OF THE EUROPEAN CENTRAL BANK ( 1 )
Indledning I Rådets forordning ( EF ) nr. 2533/98 af 23 . november 1998 om Den Europæiske Central-banks indsamling af statistisk information ( 2 ) fastsættes , hvilke fysiske og juridiske personer der er undergivet rapporteringskrav ( den såkaldte referencerapporteringspopulation ) , forskrifter om tavshedspligt og passende regler for håndhævelse i overensstemmelse med artikel 5.4 i statutten for Det Europæiske System af Centralbanker og Den Europæiske Centralbank ( statutten for ESCB ) .
Introduction Council Regulation ( EC ) No 2533/98 of 23 November 1998 concerning the collection of statistical information by the European Central Bank ( 2 ) defines the natural and legal persons which are subject to reporting requirements ( the so-called reference reporting population ) , the confidentiality regime and the appropriate provisions for enforcement in accordance with Article 5.4 of the Statute of the European System of Central Banks and of the European Central Bank ( Statute of the ESCB ) .
Desuden bemyndiger forordningen ECB til at anvende sin regeludstedende beføjelse til at : --- --- bestemme den faktiske rapporteringspopulation ?
Furthermore , it entitles the ECB to use its regulatory power : --- --- to specify the actual reporting population ;
definere og pålægge ECBs statistiske rapporteringskrav over for den faktiske rapporteringspopulation i de deltagende medlemsstater , og --- angive betingelserne for ECBs og de nationale centralbankers udøvelse af verifikationsretten eller retten til at foranstalte tvungen indsamling af statistisk information .
to define the ECB 's statistical reporting requirements and impose them on the actual reporting population of participating Member States ; and --- to specify the conditions under which the ECB and the national central banks ( NCBs ) may exercise the right to verify or to carry out the compulsory collection of statistical information .
Generelle betragtninger Formålet med Den Europæiske Centralbanks forordning ( EF ) nr. 2423/2001 af 22 . november 2001 om den konsoliderede balance i MFI-sektoren ( ECB / 2001/13 ) med senere ændringer ( 3 ) er at sætte ECB og , i overensstemmelse med artikel 5.2 i statutten , nationale centralbanker -- der i videst muligt omfang udfører opgaverne -- i stand til at indsamle den statistiske information , som er nødvendig for at udføre Det Europæiske System af Centralbankers ( ESCBs ) opgaver , herunder især at formulere og gennemføre Fællesskabets pengepolitik i overensstemmelse med artikel 105 , stk .
General considerations The purpose of Regulation ( EC ) No 2423/2001 of the European Central Bank of 22 November 2001 concerning the consolidated balance sheet of the monetary financial institutions sector ( ECB / 2001/13 ) , as amended ( 3 ) , is to enable the ECB and , in accordance with Article 5.2 of the Statute , the NCBs -- which carry out the work to the extent possible -- to collect the statistical material required for the fulfilment of the tasks of the European System of Central Banks ( ESCB ) and , in particular , its task to define and implement the monetary policy of the Community in accordance with Article 105 ( 2 ) , first indent , of the Treaty establishing the European Community ( Treaty ) .
2 , første led , i traktaten om oprettelse af Det Europæiske Fællesskab ( traktaten ) . Den statistiske information , der indsamles i henhold til forordning ECB / 2001/13 , anvendes til at udarbejde den konsoliderede balance for MFI-sektoren , hvis hovedformål er at forsyne ECB med et omfattende statistisk billede af den monetære udvikling , der omfatter de aggregerede finansielle aktiver i MFIerne i de deltagende medlemsstater , som opfattes som et økonomisk område .
The statistical information collected in accordance with Regulation ECB / 2001/13 is used to establish the consolidated balance sheet of the monetary financial institutions ( MFI ) sector , the principal aim of which is to provide the ECB with a comprehensive statistical picture of monetary developments covering the aggregated financial assets and liabilities of MFIs in the participating Member States , which are viewed as one economic territory .
For så vidt angår de statistiske formål , er ECBs rapporteringskrav i forbindelse med MFI-sekto-rens konsoliderede balance baseret på tre overordnede hensyn .
For statistical purposes , the ECB 's reporting requirements in the context of the consolidated balance sheet of the MFI sector are based on three main considerations .