Nominal value means the amount of principal that a debtor is contractually obliged to repay to a creditor .

Assumptions 26 members to be reimbursed 4 meetings per year .

This was necessary because , under the current rules , the ECB would have been forced after ESCB enlargement to repay a significant amount of its paid up capital to current members of the ESCB .

Decision making 26 members to be reimbursed 4 meetings per year .

On site inspections 0 Costed activity Decision making Assumptions 26 members to be reimbursed 4 meetings per Total cost

issuers of electronic money must be legally obliged to redeem electronic money against central bank money at par at the request of the holder of the electronic money

At a later date , the corporation is unable to pay back the loan , so that the central government assumes the debt .

At a later date , the corporation is unable to pay back the loan , so that the central government assumes the debt .

Nominal amount means the amount of principal that a debtor is contractually obliged to repay to a creditor .

loans to be repaid by close of business on the day following that on which the loan was granted

Non negotiable loans , to be repaid by close of business on the day following that on which the loan was granted .

Ambrose also forced Theodosius to retreat from compensating a Jewish community in Mesopotamia when a synagogue was burnt down by militant Christians.

Total amount to be covered 50,000,000 95,005,889

Total amount to be covered

Margin call

Upper trigger amount ( 2 )

Start date

The participant shall be obliged to reimburse to the insert name of CB any payment made by the latter under such guarantee .

Maturity date the date on which a monetary policy operation expires .

Minimum allotment amount the lower limit of the amount to be allotted to individual counterparties in a tender operation . The Eurosystem may decide to allot a minimum amount to each counterparty in its tender operations .

Marginal interest rate the interest rate at which the total tender allotment is exhausted .

Poland, a country that belongs to New Europe, is repaying the EU with a legitimacy that it had gained from Europe during its post communist transition.

Poland s economy, close to outright collapse, struggled to meet citizens basic needs, let alone repay foreign loans.

Minimum bid rate the lower limit to the interest rates at which counterparties may submit bids in variable rate tenders . Monetary Financial Institution ( MFI ) financial institutions which together form the money creating sector of the euro area .

Minimum bid rate the lower limit to the interest rates at which counterparties may submit bids in variable rate tenders . Monetary financial institution ( MFI ) financial institutions which together form the money creating sector of the euro area .

Minimum bid rate the lower limit to the interest rates at which counterparties may submit bids in variable rate tenders . Monetary financial institution ( MFI ) financial institutions which together form the moneyissuing sector of the euro area .

Euro equivalent amount of US dollars

The need to repay or roll over debt imposes discipline, giving the banker a stronger incentive to manage risk carefully.

and the possibility must exist for the ECB to impose reserve requirements on all issuers of electronic money . ECB Annual Report 1998

satisfied as having priority and bids with successively lower interest rates are accepted until the total liquidity to be allotted is exhausted . If , at the lowest interest rate level accepted ( i.e. the marginal interest rate ) , the aggregate amount bid exceeds the remaining amount to be allotted , the remaining amount is allocated pro rata among the bids according to the ratio of the remaining amount to be allotted to the total amount bid at the marginal interest rate ( see Box 5 ) .

The latter aggregate amount shall be reduced by an amount equal to the amount subscribed (whether or not paid in) for any equity participation of the Bank.

The latter aggregate amount shall be reduced by an amount equal to the amount subscribed ( whether or not paid in ) for any equity participation of the Bank .

issuers of electronic money must be legally obliged to redeem electronic money against central bank money at par at the request of the holder of the electronic money

If , at the highest swap point quotation accepted ( i.e. the marginal swap point quotation ) , the aggregate amount bid exceeds the remaining amount to be allotted , the remaining amount is allocated pro rata among the bids according to the ratio of the remaining amount to be allotted

Of this total figure

Amount of transfer

Amount category .

If the aggregate amount bid exceeds the total amount of liquidity to be allotted , the submitted bids will be satisfied pro rata , according to the ratio of the amount to be allotted to the aggregate amount bid ( see Box 4 ) .

If the aggregate amount bid exceeds the total amount of liquidity to be allotted , the submitted bids will be satisfied pro rata , according to the ratio of the amount to be allotted to the aggregate amount bid ( see Box 4 ) .

If the aggregate amount bid exceeds Box 4 the total amount of liquidity to be allotted , the submitted bids will be satisfied pro rata , according to the ratio of the amount to be allotted to the aggregate amount bid ( see Box 4 ) .

Information on amount of claims to mobilise

the minimum individual allotment amount ( if any )

If the aggregate amount bid exceeds the total amount of liquidity to be allotted , the submitted bids will be satisfied pro rata , according to the ratio of the amount to be allotted to the aggregate amount bid ( see Box 4 ) .

the spot exchange rate ( in the case of foreign exchange swaps )

If , for the maturity of the swap , the foreign currency interest rate is higher than the corresponding interest rate for the euro , the swap point quotation is positive ( euro quoted at premium against the foreign currency ) . Conversely , if the foreign currency interest rate is lower than the corresponding interest rate for the euro , the swap point quotation is negative ( euro quoted at discount against the foreign currency ) .