EZB-fähig

English translation: eligible as collateral for ECB repo operations

13:47 Apr 18, 2005
German to English translations [PRO]
Bus/Financial - Finance (general) / securities
German term or phrase: EZB-fähig
Von den bilanzierten festverzinslichen Wertpapieren sind rund 97% EZB-fähig

I take it EZB is ECB here, but what does it mean to be EZB fähig?
Mary McCusker
Local time: 23:51
English translation:eligible as collateral for ECB repo operations
Explanation:
This refers to securities which can be used to collateralise securities repurchase transactions entered into with the ECB.
Selected response from:

Ralf Lemster
Germany
Local time: 05:51
Grading comment
Many thanks, great help
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3eligible as collateral for ECB repo operations
Ralf Lemster


  

Answers


5 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
EZB-fähig
eligible as collateral for ECB repo operations


Explanation:
This refers to securities which can be used to collateralise securities repurchase transactions entered into with the ECB.

Ralf Lemster
Germany
Local time: 05:51
Specializes in field
Native speaker of: German
PRO pts in category: 764
Grading comment
Many thanks, great help

Peer comments on this answer (and responses from the answerer)
agree  Alexandra Blatz: exakt! ;-)
44 mins

agree  VerenaH (X)
46 mins

agree  RobinB: Natch
5 hrs
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