Article 2, Paragraph 4., Point (c) · ECB/2024/11

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(c)for the dedicated account maintained in accordance with Article 13(2) of Commission Implementing Decision of 14 April 2021 establishing the necessary arrangements for the administration of the borrowing operations under Council Decision (EU, Euratom) 2020/2053 and for the lending operations related to loans granted in accordance with Article 15 of Regulation (EU) 2021/241 of the European Parliament and of the Council^note and used for the purposes of prudential cash holdings in relation to the NextGenerationEU program, the Instrument for providing support to Ukraine for 2023 (macro-financial assistance+)^note, or other Union financing programmes as agreed by the ECB and the European Commission:

(i)€STR minus 20 basis points, except where point (ii) applies;

(ii)for an aggregated amount of deposits not exceeding EUR 20 billion: either zero percent or €STR minus 20 basis points, whichever is higher.