natgillin/translations-raw huggingface dataset:
porü sot molßrlasoy rso Ülero rjÝkoy sgy rtmakkacÞy .
spot amount of currency ;
So N (.
N (.
) M eßmai so porü molßrlasoy rso pqoherliajü rjÝkoy sgy rtmakkacÞy : N ABC  S N ABC  M N ABC  M = N EUR  M Â FM Þ N EUR  M = FM N ABC  = N EUR  Â S Þ N EUR  =
) M is the forward amount of currency : N ABC  = N EUR  Â S or N EUR  = N ABC  S N ABC  M FM N ABC  M = N EUR  M Â FM or N EUR  M =
d ) ¢ kka keisotqcijÜ vaqajsgqirsijÜ Sa keisotqcijÜ vaqajsgqirsijÜ sxm pqÜnexm amsakkacÞy molirlÜsxm rtmowßfomsai xy enÞy :  lpoqoým ma kÜbotm sg loquÞ pqÜnexm paqovÞy Þ apoqqüugrgy qetrsüsgsay ,  g rtvmüsgsÜ soty dem eßmai stpopoiglÝmg ,  g diÜqjeiÜ soty dem eßmai stpopoiglÝmg ,
( d ) O t h e r o p e r a t i o n a l f e a t u r e s The operational features of foreign exchange swaps can be summarised as follows :  they can take the form of liquidity-providing or liquidity-absorbing operations ,  their frequency is not standardised ,  their maturity is not standardised ,
L 185/18
L 185/18
Epßrglg Eugleqßda sxm Etqxpaújþm JoimosÞsxm  diemeqcoýmsai le Ýjsajsey dglopqarßey Þ lÝrx dileqþm diadijariþm ( bkÝpe JeuÜkaio 5 ) ,  diemeqcoýmsai rtmÞhxy re apojemsqxlÝmg bÜrg apü siy ehmijÝy jemsqijÝy sqÜpefey ( so Dioijgsijü Rtlboýkio sgy EJS ha apouarßrei am , re enaiqesijÝy peqipsþreiy , oi dileqeßy pqÜneiy amsakkacÞy molirlÜsxm lpoqoým ma diemeqcoýmsai apü sgm EJS ) ,  so Etqxrýrsgla lpoqeß ma epikÝnei , rýluxma le sa jqisÞqia pot oqßfomsai rsgm emüsgsa 2.2 jai rso PaqÜqsgla 3 , Ýma peqioqirlÝmo aqihlü amsirtlbakkolÝmxm cia ma rtllesÜrvotm re pqÜneiy amsakkacÞy molirlÜsxm .
Official Journal of the European Communities  they are executed through quick tenders or bilateral procedures ( see Chapter 5 ) ,  they are normally executed in a decentralised manner by the national central banks ( the Governing Council of the ECB will decide whether , under exceptional circumstances , bilateral foreign exchange swaps may be executed by the ECB ) , and  the Eurosystem may select , according to the criteria specified in Section 2.2 and Annex 3 , a limited number of counterparties to participate in foreign exchange swaps .
ApodovÞ jasahÝrexm jahoqirlÝmgy diÜqjeiay a ) Eßdoy lÝrot So Etqxrýrsgla dýmasai ma pqorjakÝrei soty amsirtlbakkolÝmoty ma pqoboým re Ýmsojey jasahÝreiy jahoqirlÝmgy diÜqjeiay rsgm ehmijÞ jemsqijÞ sqÜpefa sot jqÜsoty-lÝkoty üpot eßmai ecjasersglÝmoi .
Collection of fixed-term deposits ( a ) T y p e o f i n s t r u m e n t The Eurosystem may invite counterparties to place remunerated fixed-term deposits with the national central bank in the Member State in which the counterparty is established .
G apodovÞ jasahÝrexm jahoqirlÝmgy diÜqjeiay pqobkÝpesai lümo cia kücoty enolÜktmrgy sxm bqavtpqüherlxm diajtlÜmrexm sgy qetrsüsgsay le rjopü sgm apoqqüugrg qetrsüsgsay apü sgm acoqÜ .
The collection of fixed-term deposits is envisaged only for fine-tuning purposes in order to absorb liquidity in the market .
b ) MolijÞ uýrg Oi jasahÝreiy sxm amsirtlbakkolÝmxm Ývotm jahoqirlÝmg diÜqjeia jai jahoqirlÝmo episüjio .
( b ) L e g a l n a t u r e The deposits accepted from counterparties are for a fixed term and with a fixed rate of interest .
Oi ehmijÝy jemsqijÝy sqÜpefey dem paqÝvotm aruÜkeia Ýmamsi sxm jasahÝrexm .
No collateral is given by the national central banks in exchange for the deposits .
c ) Tpok o c i r l ü y sü j o t So episüjio pot irvýei cia siy jasahÝreiy eßmai so apkü episüjio le bÜrg siy pqaclasijÝy glÝqey jai Ýsoy 360 gleqþm ( actual / 360 ) .
( c ) I n t e r e s t t e r m s The interest rate applied to the deposit is a simple interest rate with the day-count convention  actual / 360 .
Oi süjoi jasabÜkkomsai le sg kÞng sgy jasÜhergy .
Interest is paid at maturity of the deposit .
d ) ¢ kka keisotqcijÜ vaqajsgqirsijÜ Sa keisotqcijÜ vaqajsgqirsijÜ sgy apodovÞy jasahÝrexm jahoqirlÝmgy diÜqjeiay rtmowßfomsai xy enÞy :  g apodovÞ jasahÝrexm aporjopeß rsgm apoqqüugrg qetrsüsgsay ,  g rtvmüsgsa sgy apodovÞy jasahÝrexm dem eßmai stpopoiglÝmg ,  g diÜqjeiÜ soty dem eßmai stpopoiglÝmg ,  g apodovÞ jasahÝrexm diemeqceßsai rtmÞhxy le Ýjsajsey dglopqarßey , am jai dem apojkeßesai g vqÞrg dileqþm diadijariþm ( bkÝpe JeuÜkaio 5 ) ,  g apodovÞ jasahÝrexm cßmesai rtmÞhxy re apojemsqxlÝmg bÜrg apü siy ehmijÝy jemsqijÝy sqÜpefey ( so Dioijgsijü Rtlboýkio sgy EJS ha apouarßrei am , re enaiqesijÝy peqipsþreiy , g dileqÞy apodovÞ jasahÝrexm jahoqirlÝmgy diÜqjeiay lÝrx dileqþm diadijariþm lpoqeß ma diemeqceßsai apü sgm EJS ) ( 13 ) .  so Etqxrýrsgla lpoqeß ma epikÝnei , rýluxma le sa jqisÞqia pot oqßfomsai rsgm emüsgsa 2.2 , Ýma peqioqirlÝmo aqihlü amsirtlbakkolÝmxm cia sgm apodovÞ jasahÝrexm jahoqirlÝmgy diÜqjeiay .
( d ) O t h e r o p e r a t i o n a l f e a t u r e s The operational features of the collection of fixed-term deposits can be summarised as follows :  the deposits are collected in order to absorb liquidity ,  the frequency with which deposits are collected is not standardised ,  the maturity of the deposits is not standardised ,  the collection of deposits is normally executed through quick tenders , although the possibility of using bilateral procedures is not excluded ( see Chapter 5 ) ,  the collection of deposits is normally executed in a decentralised manner by the national central banks ( the Governing Council of the ECB will decide whether , under exceptional circumstances , the bilateral collection of fixed-term deposits may be executed by the ECB ) ( 13 ) , and  the Eurosystem may select , according to the criteria specified in Section 2.2 , a limited number of counterparties for the collection of fixed-term deposits .
PACIER DIETJOKTMREIR G dietjüktmrg oqiajÞy vqglasodüsgrgy a ) Eßdoy lÝrot Oi amsirtlbakkülemoi lpoqoým ma vqgrilopoioým sg dietjüktmrg oqiajÞy vqglasodüsgrgy cia sgm apüjsgrg qetrsüsgsay diÜqjeiay lßay glÝqay apü siy ehmijÝy jemsqijÝy sqÜpefey le pqojahoqirlÝmo episüjio , Ýmamsi aruÜkeiay le sg loquÞ apodejsþm peqiotriajþm rsoiveßxm ( üpxy oqßfomsai rso JeuÜkaio 6 ) .
STANDING FACILITIES The marginal lending facility ( a ) T y p e o f i n s t r u m e n t Counterparties may use the marginal lending facility to obtain overnight liquidity from national central banks at a pre-specified interest rate against eligible assets ( as set out in Chapter 6 ) .
Rjopüy sgy dietjüktmrgy eßmai ma episqÝpei rsoty amsirtlbakkolÝmoty ma jakýpsotm siy pqorxqimÝy amÜcjey soty re qetrsüsgsa .
The facility is intended to satisfy counterparties » temporary liquidity needs .
Tpü jamomijÝy rtmhÞjey , so episüjio sgy dietjüktmrgy rtmÞhxy oqioheseß pqoy sa Ümx so episüjio sgy acoqÜy cia sopohesÞreiy diÜqjeiay lßay glÝqay .
Under normal circumstances , the interest rate on the facility provides a ceiling for the overnight market interest rate .
Oi üqoi pot diÝpotm sg dietjüktmrg eßmai pamoloiüstpoi re oküjkgqg sg fþmg sot etqþ .
The terms and conditions of the facility are identical throughout the euro area .
b ) MolijÞ uýrg Oi ehmijÝy jemsqijÝy sqÜpefey Ývotm sg dtmasüsgsa ma paqÝvotm qetrsüsgsa lÝrx sgy dietjüktmrgy oqiajÞy vqglasodüsgrgy eßse le sg loquÞ rtluxmiþm epamacoqÜy diÜqjeiay lßay glÝqay ( dgkadÞ g jtqiüsgsa sot peqiotriajoý rsoiveßot lesabibÜfesai rsom pirsxsÞ , emþ oi rtlbakkülemoi rtluxmoým ma amsirsqÝwotm sg rtmakkacÞ le sgm amalesabßbarg sot peqiotriajoý rsoiveßot rsom oueikÝsg jasÜ sgm epülemg eqcÜrilg glÝqa ) eßse xy dÜmeia diÜqjeiay lßay glÝqay Ýmamsi aruÜkeiay ( dgkadÞ paqÝvesai ejsekersüy sßskoy elpqÜclasgy aruÜkeiay epß sxm peqiotriajþm rsoiveßxm , akkÜ , tpü sgm aßqerg üsi ha ejpkgqxheß g emovijÞ tpovqÝxrg , g ( 13 ) Oi jasahÝreiy jahoqirlÝmgy diÜqjeiay sgqoýmsai re kocaqiarloýy rsiy ehmijÝy jemsqijÝy sqÜpefey .
( b ) L e g a l n a t u r e The national central banks may provide liquidity under the marginal lending facility either in the form of overnight repurchase agreements ( i.e. the ownership of the asset is transferred to the creditor , while the parties agree to reverse the transaction through a re-transfer of the asset to the debtor on the next business day ) or as overnight collateralised loans ( i.e. an enforceable security interest is provided over the assets but , assuming fulfilment of the debt obligation , ownership of the asset is retained by the debtor ) . ( 13 ) Fixed-term deposits are held on accounts with the national central banks ;
Atsü ha irvýei ajülg jai am apouarirseß g diemÝqceia pqÜnexm atsoý sot eßdoty re jemsqijü epßpedo apü sgm EJS .
this would be the case even if such operations were to be executed in a centralised manner by the ECB .
Epßrglg Eugleqßda sxm Etqxpaújþm JoimosÞsxm jtqiüsgsa sxm peqiotriajþm rsqoiveßxm paqalÝmei rsom oueikÝsg ) . PeqaisÝqx diasÜneiy rvesijÜ le siy rtluxmßey epamacoqÜy pqobkÝpomsai rsiy rtlbasijÝy qthlßreiy pot euaqlüfei g oijeßa ehmijÞ jemsqijÞ sqÜpefa .
Official Journal of the European Communities Further provisions for repurchase agreements are specified in the contractual arrangements applied by the respective national central bank .
Oi qthlßreiy cia sgm paqovÞ qetrsüsgsay le sg loquÞ dameßxm jaktpsülemxm apü aruÜkeia kalbÜmotm tpüwg siy diÜuoqey diadijarßey jai diastpþreiy pot apaisoýmsai cia sg rýrsarg jai sgm em rtmeveßa ejpoßgrg sgy rvesijÞy elpqÜclasgy aruÜkeiay ( emevýqot ) , rýluxma le so dßjaio jÜhe vþqay .
Arrangements for providing the liquidity in the form of collateralised loans take account of the different procedures and formalities required to enable the establishment and subsequent realisation of a relevant interest in the collateral ( a pledge ) which apply in different jurisdictions .
c ) PqoûpohÝreiy pqürbargy Sa idqýlasa pot pkgqoým sa cemijÜ jqisÞqia jasakkgküsgsay sxm amsirtlbakkolÝmxm , üpxy oqßfomsai rsgm emüsgsa 2.1 , Ývotm sg dtmasüsgsa pqürbargy rsg dietjüktmrg oqiajÞy vqglasodüsgrgy .
( c ) A c c e s s c o n d i t i o n s Institutions fulfilling the general counterparty eligibility criteria specified in Section 2.1 may access the marginal lending facility .
G pqürbarg rsg dietjüktmrg oqiajÞy vqglasodüsgrgy paqÝvesai lÝrx sgy ehmijÞy jemsqijÞy sqÜpefay sot jqÜsoty lÝkoty rso opoßo eßmai ecjasersglÝmo so ßdqtla .
Access to the marginal lending facility is granted through the national central bank in the Member State in which the institution is established .
Pqürbarg rsg dietjüktmrg oqiajÞy vqglasodüsgrgy paqÝvesai lümo siy glÝqey jasÜ siy opoßey keisotqcoým so amsßrsoivo ehmijü Rýrsgla Diajamomirloý re RtmevÞ Vqümo ( RDRV ) jai sa amsßrsoiva rtrsÞlasa diajamomirloý sßskxm .
Access to the marginal lending facility is granted only on days when the relevant national real-time gross settlement ( RTGS ) system and the relevant SSS ( s ) are operational .
Rso sÝkoy sgy glÝqay , sa emdogleqÞria vqexrsijÜ tpükoipa sxm kocaqiarlþm diajamomirloý pot sgqoým oi amsirtlbakkülemoi rsgm amsßrsoivg ehmijÞ jemsqijÞ sqÜpefa hexqoýmsai atsodijaßxy aßsgrg pqorutcÞy rsg dietjüktmrg oqiajÞy vqglasodüsgrgy .
At end-of-day , counterparties » intraday debit positions on their settlement account with the national central banks are automatically considered to be a request for recourse to the marginal lending facility .
Oi diadijarßey lÝrx sxm opoßxm paqÝvesai pqürbarg rsg dietjüktmrg oqiajÞy vqglasodüsgrgy rso sÝkoy sgy glÝqay oqßfomsai rsgm Emüsgsa 5.3.3 .
The procedures for end-of-day access to the marginal lending facility are specified in Section 5.3.3 .
Rsom amsirtlbakkülemo eßmai epßrgy dtmasüm ma episqapeß g pqürbarg rsg dietjüktmrg oqiajÞy vqglasodüsgrgy lesÜ apü aßsgrÞ sot pqoy sgm ehmijÞ jemsqijÞ sqÜpefa sot jqÜsoty-lÝkoty rso opoßo eßmai ecjasersglÝmoy .
A counterparty may also be granted access to the marginal lending facility by sending a request to the national central bank in the Member State in which the counterparty is established .
Cia ma diejpeqaixheß athgleqüm g aßsgrg apü sgm ehmijÞ jemsqijÞ pqÜpefa , pqÝpei ma peqiÝkhei rsgm ehmijÞ jemsqijÞ sqÜpefa so aqcüseqo 30 kepsÜ lesÜ sgm pqaclasijÞ þqa jkeirßlasoy sot TARGET ( 14 ) ( 15 ) .
In order for the national central bank to process the request on the same day , the request must be received by the national central bank at the latest 30 minutes after the actual closing time of TARGET ( 14 ) ( 15 ) .
JasÜ jamüma , so rýrsgla TARGET jkeßmei rsiy 6 l.l. þqa EJS ( þqa JemsqijÞy Etqþpgy ) .
As a general rule , the closing time for the TARGET system is 6 p.m. ECB time ( CET ) .
G pqoherlßa cia sgm aßsgrg pqürbargy rsg dietjüktmrg oqiajÞy vqglasodüsgrgy paqaseßmesai epß 30 ajülg kepsÜ sgm seketsaßa eqcÜrilg cia so Etqxrýrsgla glÝqa sgy peqiüdot sÞqgrgy ekÜvirsxm apohelasijþm .
The deadline for requesting access to the marginal lending facility is postponed by an additional 30 minutes on the last Eurosystem business day of a reserve maintenance period .
Rsgm aßsgrg pqÝpei ma dgkþmesai so porü sgy vqglasodüsgrgy jai ma amacqÜuomsai sa peqiotriajÜ rsoiveßa pot ha dohoým xy aruÜkeia cia sg rtmakkacÞ , euürom atsÜ dem Ývotm Þdg pqojasaseheß rsgm ehmijÞ jemsqijÞ sqÜpefa .
In the request , the amount of credit is to be stated and , if underlying assets for the transaction have not already been pre-deposited with the national central bank , the underlying assets to be delivered for the transaction are to be specified .
PÝqa apü sgm tpovqÝxrg paqovÞy epaqjoýy aruÜkeiay le sgm loquÞ apodejsþm peqiotriajþm rsoiveßxm , sa jeuÜkaia pot tpoqoým ma voqgcghoým lÝrx sgy dietjüktmrgy oqiajÞy vqglasodüsgrgy dem tpüjeimsai re porosijü peqioqirlü .
Apart from the requirement to present sufficient underlying eligible assets , there is no limit to the amount of funds that can be advanced under the marginal lending facility .
d ) DiÜqjeia vqglasodüsgrgy jai tpokocirlüy süjot G vqglasodüsgrg pot paqÝvesai lÝrx sgy dietjüktmrgy Ývei diÜqjeia lßay glÝqay .
( d ) M a t u r i t y a n d i n t e r e s t t e r m s The maturity of credit extended under the facility is overnight .
PqojeilÝmot cia amsirtlbakkolÝmoty pot eßmai Ülera rtllesÝvomsey rso TARGET , g vqglasodüsgrg enoukeßsai sgm alÝrxy pqorevÞ glÝqa jasÜ sgm opoßa so amsßrsoivo ehmijü RDRV jai sa amsßrsoiva rtrsÞlasa diajamomirloý sßskxm jai jasÜ so Ümoicla sxm em kücx rtrsglÜsxm .
For counterparties participating directly in TARGET , the credit is repaid on the next day on which the relevant national RTGS system and the relevant SSS ( s ) are operational , at the time at which those systems open .
So episüjio amajoimþmesai ej sxm pqosÝqxm apü so Etqxrýrsgla jai tpokocßfesai xy apkü episüjio le bÜrg som pqaclasijü aqihlü gleqþm jai Ýsoy 360 gleqþm ( actual / 360 ) .
The interest rate is announced in advance by the Eurosystem and is calculated as a simple interest rate with the day-count convention  actual / 360 .
G EJS dýmasai amÜ lÜra rsiclÞ ma lesabÜkei so episüjio , g lesabokÞ atsÞ ülxy sßhesai re irvý apü sgm epülemg eqcÜrilg glÝqa sot EtqxrtrsÞlasoy ( 16 ) .
The ECB may change the interest rate at any time , with effect not earlier than the following Eurosystem business day ( 16 ) .
O süjoy jasabÜkkesai le sgm apopkgqxlÞ sgy vqglasodüsgrgy .
Interest under the facility is payable with the repayment of the credit .
e ) AmarsokÞ sgy die tjüktmrgy G pqürbarg rsg dietjüktmrg paqÝvesai lümo le cmþloma soty rjopoýy jai siy cemijÝy epidiþneiy sgy molirlasijÞy pokisijÞy sgy EJS .
( e ) S u s p e n s i o n o f t h e f a c i l i t y Access to the facility is granted only in accordance with the objectives and general monetary policy considerations of the ECB .
G EJS dýmasai amÜ pÜra rsiclÞ ma pqoraqlürei soty üqoty tpü soty opoßoty paqÝvesai g dietjüktmrg Þ jai ma sgm amarseßkei .
The ECB may adapt the conditions of the facility or suspend it at any time .
G dietjüktmrg apodovÞy jasahÝrexm a ) Eßdoy lÝrot Oi amsirtlbakkülemoi lpoqoým ma vqgrilopoioým sg dietjüktmrg apodovÞy jasahÝrexm cia ma pqaclasopoioým jasahÝreiy diÜqjeiay lßay glÝqay rsiy ehmijÝy jemsqijÝy sqÜpefey .
The deposit facility ( a ) T y p e o f i n s t r u m e n t Counterparties can use the deposit facility to make overnight deposits with national central banks .
Epß sxm jasahÝrexm jasabÜkkesai süjoy le pqojahoqirlÝmo episüjio .
The deposits are remunerated at a pre-specified interest rate .
Tpü jamomijÝy rtmhÞjey , so episüjio sgy dietjüktmrgy oqioheseß pqoy sa jÜsx so episüjio sgy acoqÜy cia sopohesÞreiy lßay glÝqay .
Under normal circumstances , the interest rate on the facility provides a floor for the overnight market interest rate .
Oi üqoi pot diÝpotm sg dietjüktmrg eßmai pamoloiüstpoi re oküjkgqg sg fþmg sot etqþ ( 17 ) .
The terms and conditions of the deposit facility are identical throughout the euro area ( 17 ) .
( 14 ) Re jÜpoia jqÜsg-lÝkg , oqirlÝmey eqcÜriley glÝqey sot EtqxrtrsÞlasoy , g ehmijÞ jemsqijÞ sqÜpefa ( Þ jÜpoia apü sa tpojasarsÞlasÜ sgy ) emdÝvesai ma lg keisotqceß cia sg diemÝqceia pqÜnexm molirlasijÞy pokisijÞy kücx ehmijÞy Þ peqiueqeiajÞy aqcßay .
( 14 ) In some Member States , the national central bank ( or some of its branches ) may not be open for the purpose of conducting monetary policy operations on certain Eurosystem business days owing to national or regional bank holidays .
R » atsÞ sgm peqßpsxrg , g amsßrsoivg ehmijÞ jemsqijÞ sqÜpefa uÝqei sgm ethýmg ma emgleqþrei ej sxm pqosÝqxm soty amsirtlbakkolÝmoty rvesijÜ le siy qthlßreiy pot ha cßmotm rvesijÜ le sgm pqürbarg rsg dietjüktmrg oqiajÞy vqglasodüsgrgy rso pkaßrio sgy aqcßay .
In such cases , the relevant national central bank is responsible for informing the counterparties in advance of the arrangements to be made for access to the marginal lending facility in relation to the bank holiday .
15 ) Oi glÝqey aqcßay sot TARGET amajoimþmomsai lÝrx sgy irsorekßday sgy EJS ( www.ecb.int ) .
( 15 ) TARGET closing days are announced on the ECB 's website ( www.ecb.int ) ;
BkÝpe epßrgy siy irsorekßdey sot Etqx ( rtrsÞlasoy ( PaqÜqsgla 5 ) .
see also the Eurosystem websites ( Annex 5 ) .
( 16 ) Pamsoý rso paqüm ecveiqßdio , xy « eqcÜrilg glÝqa sot EtqxrtrsÞlasoy » moeßsai opoiadÞpose glÝqa jasÜ sgm opoßa g EJS jai lßa sotkÜvirsom ehmijÞ jemsqijÞ sqÜpefa keisotqcoým cia sg diemÝqceia pqÜnexm molirlasijÞy pokisijÞy sot EtqxrtrsÞlasoy .
( 16 ) Throughout this document , the term  Eurosystem business day  refers to any day on which the ECB and at least one national central bank are open for the purpose of conducting Eurosystem monetary policy operations .
( 17 ) Lesaný sxm vxqþm sgy fþmgy sot etqþ emdÝvesai ma tpÜqvotm keisotqcijÝy diauoqÝy , oueikülemey rsa diauoqesijÜ kocirsijÜ rtrsÞlasa sxm ehmijþm jemsqijþm sqapefþm .
( 17 ) Operational differences resulting from the existence of different account structures between the national central banks may exist across euro area countries .
EL b ) MolijÞ uýrg
EN ( b ) L e g a l n a t u r e
Epß sxm jasahÝrexm diÜqjeiay lßay glÝqay pot pqaclasopoioým oi amsirtlbakkülemoi jasabÜkkesai süjoy le jahoqirlÝmo episüjio .
The overnight deposits accepted from counterparties are remunerated at a fixed rate of interest .
Rsom amsirtlbakkülemo dem paqÝvesai aruÜkeia Ýmamsi sxm jasahÝrexm .
No collateral is given to the counterparty in exchange for the deposits .
c ) P q o û p o h Ý r e i y p q ü r b a r g y ( 18 ) Sa idqýlasa pot pkgqoým sa cemijÜ jqisÞqia jasakkgküsgsay sxm amsirtlbakkolÝmxm , üpxy oqßfomsai rsgm emüsgsa 2.1 , lpoqoým ma Ývotm pqürbarg rsg dietjüktmrg apodovÞy jasahÝrexm .
( c ) A c c e s s c o n d i t i o n s ( 18 ) Institutions fulfilling the general counterparty eligibility criteria specified in Section 2.1 may access the deposit facility .
G pqürbarg rsg dietjüktmrg sgy apodovÞy jasahÝrexm paqÝvesai lÝrx sgy ehmijÞy jemsqijÞy sqÜpefay sot jqÜsoty-lÝkoty rso opoßo eßmai ecjasersglÝmo so ßdqtla .
Access to the deposit facility is granted through the national central bank in the Member State in which the institution is established .
Pqürbarg rsg dietjüktmrg apodovÞy jasahÝrexm paqÝvesai lümo jasÜ siy glÝqey keisotqcßay sxm amsßrsoivxm ehmijþm RDRV .
Access to the deposit facility is granted only on days when the relevant national RTGS system is open .
Cia sg voqÞcgrg pqürbargy rsg dietjüktmrg apodovÞy jasahÝrexm apaiseßsai aßsgrg sot amsirtlbakkolÝmot pqoy sgm ehmijÞ jemsqijÞ sqÜpefa sot jqÜsoty-lÝkoty rso opoßo eßmai ecjasersglÝmoy .
To be granted access to the deposit facility , the counterparty must send a request to the national central bank in the Member State in which the counterparty is established .
Cia ma diejpeqaixheß athgleqüm g aßsgrg apü sgm ehmijÞ jemsqijÞ sqÜpefa , pqÝpei ma peqiÝkhei rsgm ehmijÞ jemsqijÞ sqÜpefa so aqcüseqo 30 kepsÜ lesÜ sgm pqaclasijÞ þqa jkeirßlasoy sot TARGET , g opoßa eßmai jasÜ jamüma g 6 l.l. þqa EJS ( þqa JemsqijÞy Etqþpgy ) ( 19 ) ( 20 ) .
In order for the national central bank to process the request on the same day , the request must be received by the national central bank at the latest 30 minutes after the actual closing time of TARGET , which is , as a general rule , 6 p.m. ECB time ( CET ) ( 19 ) ( 20 ) .
G pqoherlßa cia aßsgrg pqürbargy rsg dietjüktmrg apodovÞy jasahÝrexm paqaseßmesai epß 30 ajülg kepsÜ jasÜ sgm seketsaßa eqcÜrilg cia so Etqxrýrsgla glÝqa liay peqiüdot sÞqgrgy ekÜvirsxm apohelasijþm .
The deadline for requesting access to the deposit facility is postponed by an additional 30 minutes on the last Eurosystem business day of a reserve maintenance period .
Rsgm aßsgrg pqÝpei ma dgkþmesai so porü pot ha jasaseheß rso pkaßrio sgy dietjüktmrgy .
In the request , the amount to be deposited under the facility is to be stated .
Dem tpÜqvei peqioqirlüy ürom auoqÜ so porü pot episqÝpesai ma jasahÝrei o amsirtlbakkülemoy rso pkaßrio sgy dietjüktmrgy apodovÞy jasahÝrexm .
There is no limit to the amount a counterparty may deposit under the facility .
d ) DiÜqjeia vqglasodüsgrgy jai tpokocirlüy süjot G vqglasodüsgrg pot paqÝvesai lÝrx sgy dietjüktmrgy Ývei diÜqjeia lßay glÝqay .
( d ) M a t u r i t y a n d i n t e r e s t t e r m s The maturity of deposits under the facility is overnight .
PqojeilÝmot cia amsirtlbakkolÝmoty pot eßmai Ülera rtllesÝvomsey rso TARGET , g pßrsxrg enoukeßsai sgm epülemg glÝqa jasÜ sgm opoßa keisotqceß so amsßrsoivo ehmijü rýrsgla RDRV jai jasÜ so Ümoicla sot rtrsÞlasoy .
For counterparties participating directly in TARGET , deposits held under the facility mature on the next day on which the relevant national RTGS system is operational , at the time at which this system opens .
So episüjio amajoimþmesai ej sxm pqosÝqxm apü so Etqxrýrsgla jai tpokocßfesai xy apkü episüjio le bÜrg som pqaclasijü aqihlü gleqþm jai so Ýsoy 360 gleqþm ( actual / 360 ) .
The interest rate is announced in advance by the Eurosystem and is calculated as a simple interest rate with the day-count convention  actual / 360 .
G EJS dýmasai amÜ pÜra rsiclÞ ma lesabÜkei so episüjio , g lesabokÞ atsÞ ülxy sßhesai re irvý apü sgm epülemg eqcÜrilg glÝqa sot EtqxrtrsÞlasoy .
The ECB may change the interest rate at any time , with effect not earlier than the following Eurosystem business day .
O süjoy eßmai pkgqxsÝoy le sg kÞng sgy jasÜhergy .
Interest on the deposits is payable at maturity of the deposit .
e ) AmarsokÞ sgy die tjüktmrgy G pqürbarg rsg dietjüktmrg paqÝvesai apojkeirsijÜ jai lümo le cmþloma soty rjopoýy jai siy cemijÝy epidiþneiy sgy molirlasijÞy pokisijÞy sgy EJS .
( e ) S u s p e n s i o n o f t h e f a c i l i t y Access to the facility is granted only in accordance with the objectives and general monetary policy considerations of the ECB .
DIADIJARIER Diadijarßey dglopqarßay CemijÜ Oi pqÜneiy amoijsÞy acoqÜy sot EtqxrtrsÞlasoy ejsekoýmsai rtmÞhxy le sg loquÞ dglopqariþm .
PROCEDURES Tender procedures General considerations Eurosystem open market operations are normally executed in the form of tender procedures .
Oi dglopqarßey sot EtqxrtrsÞlasoy diemeqcoýmsai re Ýni uÜreiy üpxy peqicqÜuomsai rso Pkaßrio 3 .
The Eurosystem 's tender procedures are performed in six operational steps as specified in Box 3 .
So Etqxrýrsgla diajqßmei siy dglopqarßey re dýo diauoqesijÝy jasgcoqßey : siy sajsijÝy jai siy Ýjsajsey .
The Eurosystem distinguishes between two different types of tender procedures : standard tenders and quick tenders .
Oi diadijarßey cia siy sajsijÝy jai siy Ýjsajsey dglopqarßey eßmai pamoloiüstpey , le enaßqerg so vqomodiÜcqalla jai so uÜrla sxm amsirtlbakkolÝmxm .
The procedures for standard and quick tenders are identical except for the time-frame and the range of counterparties .