ECB publishes Guidelines on Eurosystem’s provision of reserve management services  and on euro-short term rate

Official publication has been made of two Guidelines adopted by the European Central Bank (ECB) on 17 March 2021: 

Guideline 2021/564 on the Eurosystem’s provision of reserve management services in euro to central banks and countries located outside the euro area and to international organisations and repealing Guideline 2020/1284 of the ECB

The purpose of this Guideline is to ensure, inter alia, that Eurosystem reserve management services are provided on a standardised basis under harmonised terms and conditions, that the ECB receives adequate information with regard to these services, and that the minimum common features required in contractual arrangements with customers are identified. This will allow the Eurosystem to act a