guidelin european central bank juli implement articl statut european system central bank european central bank end transit period ecb ec govern council european central bank regard treati establish european commun hereinaft refer quot treati quot articl thereof articl statut european system central bank european central bank hereinaft refer quot statut quot articl statut empow govern council european central bank ecb measur ensur banknot denomin currenc irrevoc fix exchang rate exchang nation central bank ncb respect par valu object articl statut ensur high degre substitut nation currenc unit adopt convers rate refer articl treati nation currenc unit euro end govern council ecb ensur nation central bank readi exchang convers rate banknot issu ncb member state derog euro banknot ncb ensur banknot particip member state exchang euro banknot coin nation legisl credit account nation central bank ensur exchang banknot particip member state euro banknot coin perform par ncb oblig provid servic appoint agent perform servic behalf govern council ecb determin ensur ncb readi exchang convers rate banknot issu ncb member state derog euro banknot accord articl statut ecb guidelin form integr part commun law adopt guidelin articl definit purpos guidelin quot ncb quot nation central bank member state adopt singl currenc accord treati quot particip member state quot member state adopt singl currenc accord treati quot banknot particip member state quot banknot issu ncb legal tender decemb present nation central bank appoint agent exchang quot exchang banknot particip member state quot exchang banknot issu nation central bank present nation central bank appoint agent exchang euro banknot coin credit fund account quot par quot result convers rate adopt eu council articl treati spread bui sell rate articl oblig exchang par ncb locat nation territori appoint agent ensur banknot particip member state exchang euro banknot coin request credit account institut effect exchang nation legisl possibl case respect par ncb limit number total banknot particip member state prepar accept transact dai articl banknot qualifi exchang banknot particip member state qualifi exchang guidelin badli mutil consist part bankot join damag anti theft equip articl final provis guidelin applic banknot particip member state present exchang januari march guidelin address ncb particip member state guidelin publish offici journal european commun frankfurt main juli behalf govern council ecb presid willem duisenberg