General Terms and Conditions

Terms and Conditions of the Oesterreichische Nationalbank Governing Monetary Policy Operations and Procedures

These Terms and Conditions regulate how the Oesterreichische Nationalbank (OeNB) as an integral part of the European System of Central Banks (ESCB) and the Eurosystem conducts its monetary policy operations and procedures with counterparties headquartered or established in Austria.

 


Contents

Preamble

  1. General Provisions
  2. Scope of Application
  3. Counterparties
  4. Terms and Conditions for Monetary Policy Operations

    General Provisions
    Eligibility     Criteria for Assets
    Asset Valuation and Risk Control

  5. Special Provisions for Collateralized Loans
  6. Special Provisions for Repurchase Agreements
  7. Special Provisions for Foreign Exchange Swaps
  8. Other Open Market Operations
  9. Standing Facilities
  10. Communication
  11. Events of Default
  12. Procedures
  13. Miscellaneous   

 

Annex 1: Operational Criteria

Annex 2: Conditions for the Provision of Collateral by Third-Partiy Creditors



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