shall mean the submission or use by a counterparty of covered bonds that are issued or guaranteed by the counterparty itself or by any other entity with which that counterparty has close links as determined in accordance with Article 138 of Guideline (EU) 2015/510 (ECB/2014/60);
Article 1Amendments to Guideline (EU) 2015/510 (ECB/2014/60)#
Guideline (EU) 2015/510 (ECB/2014/60) is amended as follows:
(1)Article 93 is replaced by the following:‘Article 93Minimum size of credit claimsFor domestic use, credit claims shall, at the time of their submission as collateral by the counterparty, meet a minimum size threshold of EUR 0, or any higher amount that may be laid down by the home NCB. For cross-border use, a minimum size threshold of EUR 500000 shall apply.’;
(2)in Article 141, paragraph 1, the percentage value ‘2,5%’ is replaced by the percentage value ‘10%’.