DECISION (EU) 2019/1311 OF THE EUROPEAN CENTRAL BANK
of 22 July 2019
on a third series of targeted longer-term refinancing operations (ECB/2019/21)
Article 1
Definitions
Article 2
The third series of targeted longer-term refinancing operations
Article 3
Participation
Article 4
Borrowing allowance, bid limit and benchmarks
Article 5
Interest
Article 6
Reporting requirements
Article 7
Non-compliance with reporting requirements
Article 8
Entry into force
ANNEX I
CONDUCT OF THE THIRD SERIES OF TARGETED LONGER-TERM REFINANCING OPERATIONS
1.
Calculation of the borrowing allowance and bid limit
2.
Calculation of benchmarks
3.
Calculation of the interest rate
ANNEX II
THE THIRD SERIES OF TARGETED LONGER-TERM REFINANCING OPERATIONS - GUIDELINES FOR COMPILING DATA REQUIRED BY THE REPORTING TEMPLATES
1.
Introduction
(1)
2.
General information
3.
General reporting instructions
(a) Structure of the reporting templates
(b) Reporting in respect of TLTRO-III groups
(c) Transmission of the data reports
(d) Unit of the data
4.
Definitions
(a) Outstanding amounts of eligible loans (1 and 4)
(b) Eligible net lending (2)
(c) Adjustments to the outstanding amounts (3)
(d) Supplementary amounts relating to self-securitised eligible loans (S.1)
TLTRO-III reporting
Reporting period:28 February 2019 |
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Loans to non-financial corporations and households, excluding loans to households for house purchase (EUR thousands) |
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Main aggregates for the reference outstanding amount |
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Loans to non-financial corporations |
Loans to households (including non-profit institutions serving households), excluding loans for house purchase |
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item |
formula |
validation |
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1 |
Outstanding amounts of eligible loans … |
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0 |
0 |
1 |
1 = 1.1 – 1.2 (+ 1.3) |
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S.1 |
Supplementary amounts relating to self-securitised eligible loans … |
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0 |
0 |
S.1 |
S.1 = S.1.1 + S.1.2 (+ S.1.3) |
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Underlying items |
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Outstanding amounts of eligible loans on the balance sheet |
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1.1 |
Outstanding amounts on the balance sheet … |
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1.1 |
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1.2 |
Outstanding amounts of loans securitised or otherwise transferred but not derecognised from the balance sheet … |
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1.2 |
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1.3 |
Outstanding provisions against loans reported in item 1.1 excluding 1.2 (*1)… |
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1.3 |
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Supplementary items relating to self-securitised eligible loans |
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S.1.1 |
Outstanding amounts of self-securitised eligible loans not derecognised from the balance sheet … |
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S.1.1 |
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S.1.1 <= 1.2 |
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S.1.2 |
Outstanding amounts of self-securitised eligible loans derecognised from the balance sheet … |
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S.1.2 |
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S.1.3 |
Outstanding amounts of provisions against self-securitised eligible loans not derecognised from the balance sheet (*1)… |
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S.1.3 |
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Reporting period:1 April 2018 to 31 March 2019 (first reference period) / 1 April 2019 to 31 March 2021 (second reference period) |
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Loans to non-financial corporations and households, excluding loans to households for house purchase (EUR thousands) |
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Main aggregates |
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Loans to non-financial corporations |
Loans to households (including non-profit institutions serving households), excluding loans for house purchase |
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item |
formula |
validation |
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1 |
Outstanding amounts of eligible loans at the end of the month preceding the start of the reporting period … |
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0 |
0 |
1 |
1 = 1.1 – 1.2 (+ 1.3) |
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2 |
Eligible net lending in the reporting period … |
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0 |
0 |
2 |
2 = 2.1 – 2.2 |
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3 |
Adjustments to the outstanding amounts: reductions (–) and increases (+) … |
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0 |
0 |
3 |
3 = 3.1 + 3.2 |
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4 |
Outstanding amounts of eligible loans at the end of the reporting period … |
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0 |
4 |
4 = 4.1 – 4.2 (+ 4.3) |
4 = 1 + 2 + 3 |
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Underlying items |
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Outstanding amounts of eligible loans at the end of the month preceding the start of the reporting period |
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1.1 |
Outstanding amounts on the balance sheet … |
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1.1 |
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1.2 |
Outstanding amounts of loans securitised or otherwise transferred but not derecognised from the balance sheet … |
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1.2 |
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1.3 |
Outstanding provisions against loans reported in item 1.1 excluding 1.2 (*2)… |
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1.3 |
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Eligible net lending in the reporting period |
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2.1 |
Gross lending … |
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2.1 |
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2.2 |
Repayments … |
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2.2 |
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Adjustments to the outstanding amounts: reductions (–) and increases (+) |
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3.1 |
Loan sales and purchases and other loan transfers during the reporting period … |
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3.1 |
3.1 = 3.1A + 3.1B + 3.1C |
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3.1A |
Net flows of loans that are securitised with an impact on loan stocks … |
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3.1A |
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3.1B |
Net flows of loans that are otherwise transferred with an impact on loan stocks … |
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3.1B |
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3.1C |
Net flows of loans that are securitised or otherwise transferred without an impact on loan stocks … |
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3.1C |
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3.2 |
Other adjustments … |
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0 |
0 |
3.2 |
3.2 = 3.2A + 3.2B + 3.2C |
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3.2A |
Revaluations owing to changes in exchange rates … |
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3.2A |
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3.2B |
Write-offs/write-downs … |
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3.2B |
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3.2C |
Reclassifications … |
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3.2C |
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Outstanding amounts of eligible loans at the end of the reporting period |
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4.1 |
Outstanding amounts on the balance sheet … |
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4.1 |
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4.2 |
Outstanding amounts of loans securitised or otherwise transferred but not derecognised from the balance sheet … |
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4.2 |
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4.3 |
Outstanding provisions against loans reported in item 4.1 excluding 4.2 (*2)… |
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4.3 |
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