Contents
- 1. Counterparties subject to the obligation set out in Articl…
- 2. For each class of derivatives set out in Table 6 of Annex…
- 3. For short-term interest rate derivatives referencing the E…
- 4. For short-term interest rate derivatives referencing the E…
- 5. For the purposes of paragraphs 1 to 4, counterparties shal…
3.For short-term interest rate derivatives referencing the Euro Interbank Offered Rate (Euribor), the reference period referred to in Article 7a(4), fifth subparagraph, first sentence, of Regulation (EU) No 648/2012 shall be:
(a)one month for counterparties with a notional clearing volume outstanding of more than EUR 100 billion in derivative contracts;
(b)six months for counterparties with a notional clearing volume outstanding of less than EUR 100 billion in derivative contracts.
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