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The Governing Council of the ECB has approved the following direct and relayed links as eligible to be used for the collateralisation of Eurosystem credit operations:
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the direct link between Euroclear Bank (“investor” securities settlement system (SSS)) and the Greek SSS BOGS (“issuer” SSS), operated by the investor SSS via its agent Citibank International, Athens;
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the direct link between Clearstream Banking S.A. (investor SSS) and BOGS (issuer SSS), operated by the investor SSS via its agent Citibank International, Athens;
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the relayed link between Clearstream Banking AG – CREATION (investor SSS) and BOGS (issuer SSS) via Clearstream Banking S.A. (in this case, referred to as the “middle” SSS).
A table listing all eligible direct and relayed links, including the newly approved ones given above, can be found on the ECB’s website. This updated list replaces the list published in a press release on 14 August 2009.
