<h1>TLTRO Guidelines: Banks to Hold Securities in HTM, Invest Borrowed Funds in New Securities, and Avoid Existing Investments Impact.</h1> The Targeted Long Term Repo Operations (TLTRO) guidelines require banks to maintain specified securities in their Held to Maturity (HTM) portfolio until the maturity of the TLTRO. Banks must invest borrowed amounts in new securities, without affecting existing investments. There are no maturity restrictions on securities acquired under TLTRO, and they must be classified as HTM unless initially categorized as Available for Sale (AFS) or Held for Trading (HFT). Unused funds face increased interest rates. TLTRO 2.0 offers extended deployment time and flexibility in market investments, with specific conditions for small and mid-sized entities.