natgillin/translations-raw huggingface dataset:
Further information relating to the standardised deduction ratio can be found on the ECB 's website ( www.ecb.europa.eu ) , as well as on the Eurosystem websites ( see Appendix 5 ) .
Nadaljnje informacije v zvezi z odstotkom standardiziranega odbitka so na spletni strani ECB ( www.ecb.europa.eu ) kakor tudi na spletnih straneh Eurosistema ( glej Prilogo 5 ) .
by the ECB in advance of the first maintenance period for which the change is effective . CALCULATION OF RESERVE REQUIREMENTS The reserve requirement of each individual institution is calculated by applying , to the amount of eligible liabilities , the reserve ratios for the corresponding categories of liabilities .
IZRAČUN OBVEZNIH REZERV Obvezne rezerve za vsako posamezno institucijo se izračunajo tako , da se znesek posamezne pasivne postavke iz osnove za rezerve množi s stopnjo obveznih rezerv za to pasivno postavko .
Each institution deducts an allowance of Euros 100,000 from its reserve requirement in each Member State in which it has an establishment .
Vsaka institucija odšteje olajšavo v znesku 100.000 EUR od svojih obveznih rezerv v vsaki državi članici , v kateri ima poslovalnico .
The granting of such an allowance is without prejudice to the legal obligations of institutions subject to the Eurosystem 's minimum reserve system .
Odobritev tovrstne olajšave ne posega v pravne obveznosti institucij , ki so obvezniki sistema obveznih rezerv Eurosistema .
7 The reserve requirement for each maintenance period is rounded to the nearest euro .
7 Znesek izračunanih obveznih rezerv se za vsako obdobje izpolnjevanja obveznih rezerv zaokroži na najbližji euro .
Institutions » settlement accounts with the national central banks may be used as reserve accounts . Reserve holdings on settlement accounts may be used for intraday settlement purposes .
se lahko uporabijo za namene poravnave čez dan . Dnevna rezervna imetja institucije se izračunajo kot stanje ob koncu dneva na njenem računu rezerv .
The daily reserve holding of an institution is calculated as the end-of-day balance on its reserve account . An institution may apply to the national central bank in the Member State in which the institution is resident for permission to hold all its minimum reserves indirectly through an intermediary .
Institucija lahko zaprosi nacionalno centralno banko v državi članici , v kateri je institucija rezident , za dovoljenje , da izpolnjuje vse svoje obvezne rezerve posredno prek posrednika . Možnost vzdrževanja obveznih rezerv prek posrednika je po pravilu omejena na institucije , ki so organizirane tako , da del funkcij ( npr .
The possibility of holding minimum reserves through an intermediary is , as a rule , restricted to institutions which are constituted in such a way that part of the administration ( e.g. treasury management ) is normally effected by the intermediary ( e.g. networks of savings banks and cooperative banks may centralise their reserve holdings ) .
dejavnosti zakladnice ) običajno izvaja posrednik ( npr . mreže hranilnic in hranilno-kreditnih služb lahko centralizirajo svoja rezervna imetja ) .
The holding of minimum reserves through an intermediary is subject to the provisions specified in Regulation ECB / 2003/9 .
Vzdrževanje obveznih rezerv prek posrednika je opredeljeno z določbami iz Uredbe ECB / 2003/9 .
REMUNERATION OF RESERVE HOLDINGS Holdings of required reserves are remunerated at the average , over the maintenance period , of the ECB 's rate ( weighted according to the number of calendar days ) on the main refinancing operations , calculated using the formula specified in Box 10 .
OBRESTOVANJE REZERVNIH IMETIJ Rezervna imetja se obrestujejo po povprečni obrestni meri ECB ( ponderirani glede na število koledarskih dni ) za operacije glavnega refinanciranja v času obdobja izpolnjevanja , izračunani s pomočjo formule , opredeljene v okvirju 10 .
7.4 MAINTENANCE OF RESERVE HOLDINGS MAINTENANCE PERIOD The ECB publishes a calendar of the reserve maintenance periods at least three months before the start of each year .
7.4 IZPOLNJEVANJE OBVEZNIH REZERV OBDOBJE IZPOLNJEVANJA ECB objavi koledar obdobij izpolnjevanja obveznih rezerv vsaj tri mesece pred začetkom vsakega leta .
8 The maintenance period begins on the settlement day of the first main refinancing operation following the meeting of the Governing Council , at which the monthly assessment of the monetary policy stance is pre-scheduled .
8 Obdobje izpolnjevanja obveznih rezerv se začne na dan poravnave prve operacije glavnega refinanciranja po seji Sveta ECB , kjer je na dnevnem redu predvidena mesečna ocena naravnanosti denarne politike .
RESERVE HOLDINGS Each institution must hold its minimum reserves on one or more reserve accounts with the national central bank in the Member State in which it is established .
REZERVNA IMETJA Vsaka institucija mora imeti svoje obvezne rezerve na enem ali več računih rezerv pri nacionalni centralni banki v državi članici , v kateri je ustanovljena .
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 .
Za institucije z več kot eno poslovalnico v državi članici je sedež institucije odgovoren za izpolnjevanje skupnih obveznih rezerv vseh domačih poslovalnic te institucije .
9 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 .
9 Institucija s poslovalnicami v več kot eni državi članici mora izpolnjevati obvezne rezerve pri nacionalni centralni banki v vsaki državi članici , v kateri ima poslovalnico , v razmerju do njene osnove za rezerve v ustrezni državi članici .
For institutions allowed to report statistical data as a group on a consolidated basis according to the provisions of the reporting framework for the ECB 's money and banking statistics ( see Appendix 4 ) , only one such allowance will be granted to the group as a whole , unless the institutions provide data on the reserve base and reserve holdings in a sufficiently detailed manner to enable the Eurosystem to verify their accuracy and quality and to determine the respective reserve requirement of each individual institution included in the group .
7.5 POŠILJANJE POROČIL , POTRDITEV IN PREVERJANJE OSNOVE ZA REZERVE Postavke , ki štejejo v osnovo za rezerve , izračunajo institucije , ki so obvezniki obveznih 7 Za institucije , ki jim je dovoljeno poročati statistične podatke kot skupini na konsolidirani osnovi v skladu z določbami okvira za poročanje za denarno in bančno statistiko ECB ( glej Prilogo 4 ) , bo priznana samo ena tovrstna olajšava skupini kot celoti , razen če institucije zagotovijo dovolj podrobne podatke o osnovi za rezerve in rezervnih imetjih , da omogočijo Eurosistemu , da preveri njihovo točnost in kakovost ter določi znesek obveznih rezerv vsake posamezne institucije v skupini .
The calendar is normally announced in an ECB press release , to be found on the ECB 's website ( www.ecb.europa.eu ) .
Koledar se normalno objavi v sporočilu za javnost ECB na spletni strani ECB ( www.ecb.europa.eu ) .
In addition , such a calendar is published in the Official Journal of the European Union and on the Eurosystem websites ( see Appendix 5 ) .
Poleg tega se koledar objavi v Uradnem listu Evropske unije in na spletnih straneh Eurosistema ( glej Prilogo 5 ) .
If an institution has no head office in a Member State in which it is established , it has to designate a principal branch which would then be responsible for fulfilling the aggregate minimum reserve requirements of all the establishments of the institution in the relevant Member State .
Če institucija nima sedeža v državi članici , v kateri je ustanovljena , mora določiti glavno podružnico , ki je potem odgovorna za izpolnitev skupnih obveznih rezerv vseh poslovalnic institucije v zadevni državi članici .
CHAPTER 7 Box 10 Minimum reserves
POGLAVJE 7 Okvir 10 Obvezne rezerve
CALCULATION OF THE REMUNERATION OF HOLDINGS OF REQUIRED RESERVES The holding of required reserves is remunerated according to the following formula : Rt = Ht -* nt -* rt 100 -* 360
IZRAČUN OBRESTI NA REZERVNA IMETJA Rezervna imetja se obrestujejo po naslednji formuli : Rt = Ht -* nt -* rt 100 -* 360
where : Rt Ht nt rt = remuneration to be paid on holdings of required reserves for the maintenance period t. = average daily holdings of required reserves for the maintenance period t. = number of calendar days in the maintenance period t. = rate of remuneration on holdings of required reserves for the maintenance period t. Standard rounding of the rate of remuneration to two decimals shall be applied .
Kjer je : Rt Ht nt rt = obresti na rezervna imetja za obdobje izpolnjevanja t. = povprečna dnevna rezervna imetja v obdobju izpolnjevanja t. = število koledarskih dni v obdobju izpolnjevanja t. = obrestna mera za rezervna imejta za obdobje izpolnjevanja t. Uporablja se standardno zaokroževanje obrestne mere na dve decimalki .
MRi = marginal interest rate for the most recent main refinancing operation settled on or before calendar day i. 7.5 REPORTING , ACKNOWLEDGEMENT AND VERIFICATION OF THE RESERVE BASE The reserve base items for the application of minimum reserves are calculated by the institutions subject to minimum reserves themselves and are reported to the national central banks within the general framework of the ECB 's money and banking statistics ( see Appendix 4 ) .
MRi = mejna obrestna mera za zadnjo operacijo glavnega refinanciranja , poravnano na koledarski dan i ali pred njim . rezerv , in jih poročajo nacionalnim centralnim bankam znotraj splošnega okvira denarne in bančne statistike ECB ( glej prilogo 4 ) .
The relevant national central bank may specify an earlier date as a time limit for the notification of minimum reserves .
Zadevna nacionalna centralna banka lahko določi zgodnejši datum za sporočanje obveznih rezerv .
Once acknowledged , the institution 's minimum reserves for the relevant maintenance period cannot be revised . ECB The implementation of monetary policy in the euro area November 2008
Ko so obvezne rezerve institucije enkrat potrjene za ustrezno obdobje izpolnjevanja obveznih sprememb , jih ni več mogoče spreminjati .
63 For institutions that are allowed to act as intermediaries for indirect reserve holdings of other institutions , special reporting requirements are specified in Regulation ECB / 2003/9 .
Za institucije , ki lahko delujejo kot posredniki pri posrednem vzdrževanju obveznih rezerv drugih institucij , so posebni pogoji poročanja opredeljeni v Uredbi ECB / 2003/9 .
The holding of reserves through an intermediary does not change the statistical reporting obligations of institutions holding reserves via an intermediary .
Vzdrževanje obveznih rezerv prek posrednika ne spremeni obveznosti statističnega poročanja institucij , ki vzdržujejo obvezne rezerve prek posrednika .
The ECB and the national central banks have the right , within the scope of Council Regulation ( EC ) No 2531/98 , to verify the accuracy and quality of collected data .
ECB Izvajanje denarne politike v euroobmočju November 2008
during which the institution failed to comply with the reserve requirement . Where an institution fails to comply with other obligations under ECB Regulations and Decisions related to the Eurosystem 's minimum reserve system ( e.g. if relevant data are not transmitted in time or are not accurate ) , the ECB is empowered to impose sanctions in accordance with Council Regulation ( EC ) No 2532/98 of 23 November 1998 concerning the powers of the European Central Bank to impose sanctions and European Central Bank Regulation ( EC ) No 2157/1999 of 23 September 1999 on the powers of the European Central Bank to impose sanctions ( ECB / 1999/4 ) .
ECB in nacionalne centralne banke imajo pravico , da znotraj okvira Uredbe Sveta ( ES ) št . 2531/98 preverijo točnost in kakovost zbranih podatkov .
10 The Executive Board of the ECB may specify and publish the criteria according to which it will apply the sanctions provided for in Article 7 ( 1 ) of Council Regulation ( EC ) No 2531/98 .
katerimi bo izvajal sankcije iz člena 7 ( 1 ) Uredbe Sveta ( ES ) št . 2531/98 .
11 In addition , in the case of serious infringements of the minimum reserve requirements , the Eurosystem may suspend counterparties from participation in open market operations .
11 Poleg tega lahko v primeru hude kršitve obveznih rezerv Eurosistem začasno izključi nasprotne stranke iz udeležbe v operacijah odprtega trga .
7.6 NON-COMPLIANCE WITH MINIMUM RESERVE OBLIGATIONS Non-compliance with the minimum reserve obligations arises if an institution 's average end-of-calendar-day balance on its reserve account ( s ) over the maintenance period is less than its reserve requirement for the corresponding maintenance period .
7.6 NEIZPOLNJEVANJE OBVEZNIH REZERV Neizpolnjevanje obveznih rezerv nastane , če je povprečje stanj konec koledarskega dneva na računih rezerv institucije v obdobju izpolnjevanja rezerv manjše od njenih izračunanih obveznih rezerv za taisto obdobje izpolnjevanja obveznih rezerv .
Where an institution fails to comply with all or part of the reserve requirement , the ECB may , in accordance with Council Regulation ( EC ) No 2531/98 , impose any one of the following sanctions : -* a payment of up to 5 percentage points above the marginal lending rate , applied to the amount of the reserve requirement which the relevant institution failed to provide ;
Če institucija ne izpolni vseh ali dela obveznih rezerv , lahko ECB v skladu z Uredbo Sveta ( ES ) št . 2531/98 naloži katero koli od naslednjih sankcij : -* plačilo obresti , ki so največ 5 odstotnih točk nad obrestno mero mejnega posojila , od zneska neizpolnjevanja obveznih rezerv ;
or a payment of up to two times the marginal lending rate , applied to the amount of the reserve requirement which the relevant institution failed to provide ;
ali plačilo obresti , ki so največ dvakrat višje od obrestne mere mejnega posojila , od zneska neizpolnjevanja obveznih rezerv ;
or the requirement for the relevant institution to establish non-interest-bearing deposits with the ECB or the national central banks of up to three times the amount of the reserve requirement which the relevant institution failed to provide .
ali zahtevek , da zadevna institucija položi neobrestovan depozit pri ECB ali nacionalni centralni banki v znesku do višine trikratnega zneska neizpolnjevanja obveznih rezerv .
The maturity of the deposit may not exceed the period
Zapadlost depozita ne sme biti daljša od obdobja , v katerem institucija ni izpolnila obveznih rezerv .
10 OJ L 264 , 12.10.1999 , p. 21 .
10 UL L 264 z dne 12 . oktobra 1999 , stran 21 .
11 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 , 11.2.2000 , p. 3 .
11 Taka merila so bila objavljena v obvestilu z naslovom „Obvestilo Evropske centralne banke o uvedbi sankcij za kršitve obveznosti izpolnjevanja obveznih rezerv » -- UL C 39 z dne 11 . februarja 2000 , stran 3 .
APPENDIX 1 EXAMPLES OF MONETARY POLICY OPERATIONS AND PROCEDURES LIST OF EXAMPLES Example 1 Example 2 Example 3 Example 4 Example 5 Example 6 Liquidity-providing reverse transaction by fixed rate tender Liquidity-providing reverse transaction by variable rate tender Issuance of ECB debt certificates by variable rate tender Liquidity-absorbing foreign exchange swap by variable rate tender Liquidity-providing foreign exchange swap by variable rate tender Risk control measures 66 67 68 69 71 73
PRILOGA 1 PRIMERI OPERACIJ IN POSTOPKOV DENARNE POLITIKE SEZNAM PRIMEROV Primer št . 1 Povratna transakcija za povečevanje likvidnosti na podlagi avkcije s fiksno obrestno mero 66 Povratna transakcija za povečevanje likvidnosti na podlagi avkcije z variabilno obrestno mero 67 Izdaja dolžniških certifikatov ECB na podlagi avkcije z variabilno obrestno mero Valutna zamenjava za umik likvidnosti na podlagi avkcije z variabilno swap mero
Example 1
Primer št . 1
LIQUIDITY-PROVIDING REVERSE TRANSACTION BY FIXED RATE TENDER The ECB decides to provide liquidity to the market by means of a reverse transaction organised with a fixed rate tender procedure .
POVRATNA TRANSAKCIJA ZA POVEČEVANJE LIKVIDNOSTI NA PODLAGI AVKCIJE S FIKSNO OBRESTNO MERO ECB se odloči , da bo povečala likvidnost na trgu s povratno transakcijo na podlagi avkcije s fiksno obrestno mero .
Three counterparties submit the following bids : Counterparty Bank 1 Bank 2 Bank 3 Total Bid ( EUR millions ) 30 40 70 140
Tri nasprotne stranke predložijo naslednje protiponudbe : Nasprotna stranka Banka 1 Banka 2 Banka 3 Skupaj Protiponudba ( milijoni EUR ) 30 40 70 140
The ECB decides to allot a total of Euros 105 million .
ECB se odloči dodeliti znesek 105 milijonov EUR .
The percentage of allotment is : 105 = 75 % ( 30 + 40 + 70 ) The allotment to the counterparties is : Counterparty Bank 1 Bank 2 Bank 3 Total Bid ( EUR millions ) 30 40 70 140 Allotment ( EUR millions ) 22.5 30.0 52.5 105.0
Odstotek dodelitve je : 105 = 75 % ( 30 + 40 + 70 ) Dodelitev nasprotnim strankam znaša : Nasprotna stranka Banka 1 Banka 2 Banka 3 Skupaj Protiponudba ( milijoni EUR ) 30 40 70 140 Dodelitev ( milijoni EUR ) 22,5 30,0 52,5 105,0
APPENDIX 1 Example 2 Examples of monetary policy opertations and procedures
PRILOGA 1 Primer št . 2 Primeri operacij in postopkov denarne politike
LIQUIDITY-PROVIDING REVERSE TRANSACTION BY VARIABLE RATE TENDER The ECB decides to provide liquidity to the market by means of a reverse transaction organised with a variable rate tender procedure .
POVRATNA TRANSAKCIJA ZA POVEČEVANJE LIKVIDNOSTI NA PODLAGI AVKCIJE Z VARIABILNO OBRESTNO MERO ECB se odloči , da bo povečala likvidnost na trgu s povratno transakcijo na podlagi avkcije z variabilno obrestno mero .
Three counterparties submit the following bids : Amount ( EUR millions ) Interest rate (%) 3.15 3.10 3.09 3.08 3.07 3.06 3.05 3.04 3.03 Total 5 5 10 5 5 30 45 5 5 5 5 10 10 5 5 5 5 10 15 15 5 10 70 Bank 1 Bank 2 Bank 3 Total bids 0 10 10 10 20 30 35 15 15 145 Cumulative bids 0 10 20 30 50 80 115 130 145
Tri nasprotne stranke predložijo naslednje protiponudbe : Znesek ( milijoni EUR ) Obrestna mera (%) 3,15 3,10 3,09 3,08 3,07 3,06 3,05 3,04 3,03 Skupaj 5 5 10 5 5 30 45 5 5 5 5 10 10 5 5 5 5 10 15 15 5 10 70 Banka 1 Banka 2 Banka 3 Skupaj protiponudbe 0 10 10 10 20 30 35 15 15 145 Protiponudbe kumulativno 0 10 20 30 50 80 115 130 145
The ECB decides to allot Euros 94 million , implying a marginal interest rate of 3.05% .
ECB se odloči dodeliti 94 milijonov EUR , kar implicira mejno obrestno mero v višini 3,05% .
All bids above 3.05% ( for a cumulative amount of Euros 80 million ) are fully satisfied .
V celoti se sprejmejo vse protiponudbe nad 3,05% ( v kumulativnem znesku 80 milijonov EUR ) .
At 3.05% the percentage of allotment is : 94 - 80 = 40 % 35 The allotment to Bank 1 at the marginal interest rate is , for example : 0.4 × 10 = 4 The total allotment to Bank 1 is : 5 + 5 + 4 = 14 The allotment results can be summarised as follows : Amount ( EUR millions ) Counterparties Total bids Total allotment Bank 1 30.0 14.0 Bank 2 45.0 34.0 Bank 3 70.0 46.0 Total 145 94
Pri 3,05% je odstotek dodelitve : 94 - 80 = 40 % 35 Dodelitev banki 1 po mejni obrestni meri znaša na primer : 0,4 × 10 = 4 Skupna dodelitev banki 1 je : 5 + 5 + 4 = 14 Rezultate dodelitve lahko povzamemo : Znesek ( milijoni EUR ) Nasprotne stranke Skupaj protiponudbe Skupaj dodelitev Banka 1 30,0 14,0 Banka 2 45,0 34,0 Banka 3 70,0 46,0 Skupaj 145 94
If the allotment procedure follows a single rate ( Dutch ) auction , the interest rate applied to the amounts allotted to the counterparties is 3.05% .
Če se postopek dodelitve izvaja na podlagi avkcije z enotno obrestno mero ( avkcija nizozemskega tipa ) , je obrestna mera za vse zneske , dodeljene nasprotnim strankam , enaka 3,05% .
for example , Bank 1 receives Euros 5 million at 3.07% , Euros 5 million at 3.06% and Euros 4 million at 3.05% .
na primer , banka 1 prejme 5 milijonov EUR po 3,07% , 5 milijonov EUR po 3,06% in 4 milijone EUR po 3,05% .
Example 3
Primer št . 3
ISSUANCE OF ECB DEBT CERTIFICATES BY VARIABLE RATE TENDER The ECB decides to absorb liquidity from the market by issuing debt certificates using a variable rate tender procedure .
IZDAJA DOLŽNIŠKIH CERTIFIKATOV ECB NA PODLAGI AVKCIJE Z VARIABILNO OBRESTNO MERO ECB se odloči za umik likvidnosti s trga z izdajo dolžniških certifikatov na podlagi avkcije z variabilno obrestno mero .
Three submit the following bids : Amount ( EUR millions ) Interest rate (%) 3.00 3.01 3.02 3.03 3.04 3.05 3.06 3.08 3.10 Total 55 5 5 5 10 20 5 5 5 70 55 5 5 5 40 10 5 5 5 10 10 10 10 Bank 1 Bank 2 Bank 3 Total 0 10 15 15 25 70 25 15 5 180 Cumulative bids 0 10 25 40 65 135 160 175 180
Tri nasprotne stranke predložijo naslednje protiponudbe : Znesek ( milijoni EUR ) Obrestna mera (%) 3,00 3,01 3,02 3,03 3,04 3,05 3,06 3,08 3,10 Skupaj 55 5 5 5 10 20 5 5 5 70 55 5 5 5 40 10 5 5 5 10 10 10 10 Banka 1 Banka 2 Banka 3 Skupaj 0 10 15 15 25 70 25 15 5 180 Protiponudbe kumulativno 0 10 25 40 65 135 160 175 180
The ECB decides to allot a nominal amount of Euros 124.5 million , implying a marginal interest rate of 3.05% .
ECB se odloči dodeliti nominalni znesek v višini 124,5 milijona EUR , kar implicira mejno obrestno mero v višini 3,05% .
All bids below 3.05% ( for a cumulative amount of Euros 65 million ) are fully satisfied .
Vse protiponudbe pod 3,05% ( v kumulativnem znesku 65 milijonov EUR ) se sprejmejo v celoti .
At 3.05% the percentage of allotment is : 124.5 - 65 = 85 % 70 The allotment to Bank 1 at the marginal interest rate is , for example : 0.85 × 20 = 17 The total allotment to Bank 1 is : 5 + 5 + 5 + 10 + 17 = 42 The allotment results can be summarised as follows : Amount ( EUR millions ) Counterparties Total bids Total allotment Bank 1 55.0 42.0 Bank 2 70.0 49.0 Bank 3 55.0 33.5 Total 180.0 124.5
Pri 3,05% je odstotek dodelitve : 124,5 - 65 = 85 % 70 Dodelitev banki 1 po mejni obrestni meri znaša na primer : 0,85 × 20 = 17 Skupna dodelitev banki 1 je : 5 + 5 + 5 + 10 + 17 = 42 Rezultate dodelitve lahko povzamemo : Znesek ( milijoni EUR ) Nasprotne stranke Skupaj protiponudbe Skupaj dodelitev Banka 1 55,0 42,0 Banka 2 70,0 49,0 Banka 3 55,0 33,5 Skupaj 180,0 124,5
APPENDIX 1 Example 4 Examples of monetary policy opertations and procedures
PRILOGA 1 Primer št . 4 Primeri operacij in postopkov denarne politike
LIQUIDITY-ABSORBING FOREIGN EXCHANGE SWAP BY VARIABLE RATE TENDER The ECB decides to absorb liquidity from the market by executing a foreign exchange swap on the EUR / USD rate by means of a variable rate tender procedure .
VALUTNA ZAMENJAVA ZA UMIK LIKVIDNOSTI NA PODLAGI AVKCIJE Z VARIABILNO SWAP MERO ECB se odloči umakniti likvidnost s trga z uporabo valutne zamenjave eura proti ameriškemu dolarju na podlagi avkcije z variabilno swap mero .
) Three counterparties submit the following bids : Amount ( EUR millions ) Swap points ( x 10,000 ) 6.84 6.80 6.76 6.71 6.67 6.63 6.58 6.54 6.49 Total Bank 1 Bank 2 Bank 3 Total 0 10 15 15 25 100 40 25 5 235 Cumulative bids 0 10 25 40 65 165 205 230 235
) Tri nasprotne stranke predložijo naslednje protiponudbe : Znesek ( milijoni EUR ) Swap točke ( x 10.000 ) 6,84 6,80 6,76 6,71 6,67 6,63 6,58 6,54 6,49 Skupaj Banka 1 Banka 2 Banka 3 Skupaj 0 10 15 15 25 100 40 25 5 235 Protiponudbe kumulativno 0 10 25 40 65 165 205 230 235
The ECB decides to allot Euros 158 million , implying 6.63 marginal swap points .
ECB se odloči dodeliti 158 milijonov EUR , kar implicira mejne swap točke v višini 6,63 .
All bids above 6.63 ( for a cumulative amount of Euros 65 million ) are fully satisfied .
Vse protiponudbe nad 6,63 ( v kumulativnem znesku 65 milijonov EUR ) se v celoti sprejmejo .