Betekenis van:
transact

Voorbeeldzinnen

1. Class in terms of average value of transact-ions (AVT)
2. In each bid, counterparties must state the amount of money that they are willing to transact with the NCBs and the relevant interest rate.
3. In a fixed rate tender, the ECB specifies the interest rate in advance and participating counterparties bid the amount of money they want to transact at the fixed interest rate [24].
4. Fixed rate tender: a tender procedure where the interest rate is specified in advance by the central bank and participating counterparties bid the amount of money they want to transact at the fixed interest rate.
5. In variable rate foreign exchange swaps, the amount of the currency kept fixed that the counterparty is willing to transact with the Eurosystem and the respective swap point level must be stated.
6. In fixed rate tenders, counterparties must state in their bids the amount of money that they are willing to transact with the national central banks [29]. In variable rate tenders, counterparties may submit bids for up to ten different interest rate/price/swap point levels. In each bid, they must state the amount of money that they are willing to transact with the national central banks and the respective interest rate [30] [31]. The interest rates bid must be expressed as multiples of 0,01 percentage point.
7. In a fixed rate tender, the ECB specifies the interest rate in advance and participating counterparties bid the amount of money they want to transact at the fixed interest rate [24]. In a variable rate tender, counterparties bid the amounts of money and the interest rates at which they want to enter into transactions with the national central banks [25].
8. In each bid, they must state the amount of money that they are willing to transact with the national central banks and the respective interest rate [30] [31]. The interest rates bid must be expressed as multiples of 0,01 percentage point.
9. Fixed rate tender: a tender procedure where the interest rate is specified in advance by the central bank and participating counterparties bid the amount of money they want to transact at the fixed interest rate. Floating rate instrument: a financial instrument for which the coupon is periodically reset relative to a reference index to reflect changes in short or medium-term market interest rates.
10. Variable rate tender: a tender procedure whereby the counterparties bid both the amount of money they want to transact with the central bank and the interest rate at which they want to enter into the transaction. Variation margin (marking to market): a certain level of the market value of the underlying assets used in the Eurosystem’s liquidity-providing reverse transactions that the Eurosystem requires to be maintained over time.
11. Quick tenders are normally executed within 90 minutes of the announcement of the tender, with certification taking place immediately after the announcement of the allotment result. The normal time frame for the operational steps for quick tenders is specified in Chart 2. The ECB may decide to adjust the time frame in individual operations, if deemed appropriate. Quick tenders are only used for the execution of fine-tuning operations. The Eurosystem may select, according to the criteria and procedures specified in Section 2.2, a limited number of counterparties to participate in quick tenders. Fixed rate and variable rate tenders The Eurosystem has the option of conducting either fixed rate (volume) or variable rate (interest) tenders. In a fixed rate tender, the ECB specifies the interest rate in advance and participating counterparties bid the amount of money they want to transact at the fixed interest rate [24]. In a variable rate tender, counterparties bid the amounts of money and the interest rates at which they want to enter into transactions with the national central banks [25]. BOX 3 Operational steps for tender procedures Step 1 Tender announcement a. Announcement by the ECB through public wire services b. Announcement by the national central banks through national wire services and directly to individual counterparties (if deemed necessary)