All-in-cost ceiling for external commercial borrowings revised; medium term pricing cap raised and effective immediately until review. Revision of the all-in-cost ceiling for External Commercial Borrowings adjusts the ceiling measured over the six month benchmark for borrowings with average maturities of three to five years while leaving longer term ceilings unchanged; the revision takes effect immediately as a temporary measure until March 31, 2012, subject to review, and all other ECB policy provisions remain unchanged.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
All-in-cost ceiling for external commercial borrowings revised; medium term pricing cap raised and effective immediately until review.
Revision of the all-in-cost ceiling for External Commercial Borrowings adjusts the ceiling measured over the six month benchmark for borrowings with average maturities of three to five years while leaving longer term ceilings unchanged; the revision takes effect immediately as a temporary measure until March 31, 2012, subject to review, and all other ECB policy provisions remain unchanged.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
