Examples of using Purchase programmes in English and their translations into Slovenian
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Programming
As part of the ECB's asset purchase programmes, we have invested in green bonds.
This decrease was due to the redemption ofsecurities acquired under the first and second covered bond purchase programmes.
For the private sector purchase programmes, the issue limit is set at the higher level of 70%.
Regarding non-standard monetary policy measures, the asset purchase programmes are proceeding well.
The benchmarks for the private sector purchase programmes are based on the market capitalisation of the purchasable universe, i. e.
In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetarypolicy measures, such as asset purchase programmes.
Regarding non-standard monetary policy measures, the asset purchase programmes continue to proceed smoothly.
As part of the ECB's asset purchase programmes we have invested in green bonds, taking into account the need to avoid market distortions.
Regarding non-standard monetary policy measures, the asset purchase programmes continue to proceed smoothly.
Under the private sector purchase programmes, asset purchases at a negative yield are permissible if the yield is above the deposit facility rate.
Whereas in 2014 the ECB implemented aseries of targeted longer-term refinancing operations(TLTROs) and purchase programmes for selected private-sector assets aiming at supporting lending to the real economy;
For the private sector purchase programmes, the Eurosystem conducts appropriate credit risk assessments and due diligence procedures on the purchasable universe on an ongoing basis.
The APP holdings increased by €284 billion to €2,570 billion,while securities held under the first two covered bond purchase programmes and the SMP declined by €2 billion and €16 billion respectively owing to redemptions.
The ECB's regular income derives mainly from investment earnings on its foreign reserve portfolio and own funds portfolio, from interest income on its 8% share of the total euro banknotes in circulation, and from net interest income arising from securities purchased for monetary policy purposes under the Securities Markets Programme(SMP)and the two covered bond purchase programmes.
The reinvestments under the private sector purchase programmes amounted to €30.9 billion in 2018, while the reinvestments under the PSPP amounted to €116.7 billion.
The ECB's regular income derives mainly from investment earnings on its foreign reserve portfolio and own funds portfolio, from interest income on its 8% share of the total euro banknotes in circulation, and from net interest income arising from securities purchased for monetary policy purposes under the Securities Markets Programme(SMP)and the two covered bond purchase programmes.
Net interest income earned under the first two covered bond purchase programmes and the Securities Markets Programme(SMP) decreased, as a result of redemptions, to €88 million(2015: €120 million) and €520 million(2015: €609 million) respectively.
It included interest income of €856 million earned on the ECB's share of the total euro banknotes in circulation(2010: €654 million), net interest income of €166 million(2010: €140 million)arising from securities purchased under the covered bond purchase programmes and net interest income of €1,003 million(2010: €438 million) arising from securities purchased under the Securities Markets Programme. .
For example, there are good reasons why the ECB should refrain from publishing,for certain purchase programmes, the precise holdings of individual securities and why it should not allow its counterparties to disclose the amount and type of securities that it purchased. .
The decrease in the net TARGET2 liability resulted mainly from(a) the increase in the deposits accepted by the ECB in its role as fiscal agent(see note 9“Liabilities to other euro area residents denominated in euro”);(b) the interest income received from securities held for monetary policy purposes; and(c)redemptions of securities purchased under the SMP and the first two covered bonds purchase programmes, which were settled via TARGET2 accounts.
It also included net interest income of €120 million(2014: €173 million)arising from securities purchased under the first two covered bond purchase programmes and €161 million arising from securities purchased under the expanded asset purchase programme(APP)(2014: €2 million).
Is the asset purchase programme aimed at helping specific countries?
The Eurosystem lends the securities from the purchase programme to market participants.
I assume that the bond purchase programme does not breach EU law.
The Asset Purchase Programme.
Covered Bond Purchase Programme.
The programme will encompass the asset-backed securities purchase programme(ABSPP) and the covered bond purchase programme(CBPP3), which were both launched late last year.