guidelin european central bank octob particip member state transact foreign exchang work balanc pursuant articl statut european system central bank european central bank ecb ec govern council european central bank regard statut european system central bank european central bank articl thereof transact particip member state foreign exchang work balanc limit establish framework articl statut subject approv european central bank ecb order ensur consist exchang rate monetari polici commun pursuant articl statut govern council issu guidelin view facilit oper transact carri nation central bank agent behalf particip member state record nation central bank financi account cover guidelin transact nation central bank risk cover guidelin nation central bank oper pursuant articl statut adopt guidelin articl definit purpos guidelin quot particip member state quot member state adopt singl currenc accord treati establish european commun quot nation central bank quot nation central bank particip member state quot transact quot transact list indent articl statut carri market involv exchang euro asset euro euro asset particip member state includ limit transact carri nation central bank behalf particip member state record nation central bank financi account quot foreign exchang work balanc quot hold asset denomin unit account currenc euro maintain particip member state public author directli agent quot euro asset quot includ secur asset currenc countri euro area unit account form held quot market quot foreign exchang oper contractu parti particip interbank market foreign exchang interbank market consist exclus commerci financi institut central bank intern organis commerci financi organis particip member state european commiss deem part interbank market articl scope applic guidelin appli modal transact carri public author particip member state foreign exchang work balanc procedur establish ant post report central govern differ establish public author articl threshold prior notif threshold particip member state public author conduct transact trade dai foreign exchang work balanc prior notif ecb type transact trade dai foreign exchang work balanc conduct prior notif ecb set annex foreign exchang transact subject prior notif procedur transact involv side foreign exchang asset denomin currenc substitut unit state dollar treasuri note unit state dollar treasuri bill foreign exchang swap transact carri nation central bank articl organis issu particip member state put arrang place order ensur transact foreign exchang work balanc conduct particip member state public author includ transact carri nation central bank act agent behalf particip member state threshold level set annex commun ecb accord procedur set guidelin particip member state central govern provid ecb monthli basi estim forthcom transact foreign exchang work balanc carri particip member state central govern includ transact carri nation central bank act agent behalf particip member state standard format report estim set annex ii public author provid ecb estim forthcom transact includ transact carri nation central bank act agent behalf particip member state foreign exchang work balanc threshold level establish ecb set annex iii respons report requir set articl li particip member state collect relev data provid data ecb respect nation central bank articl prior notif procedur ecb approv transact conduct particip member state public author includ nation central bank act agent behalf member state notifi ecb advanc transact foreign exchang work balanc threshold level set articl ecb receiv notif ecb time trade date standard format notif set annex iv suppli ecb particip member state respect nation central bank ecb respond prior notif provid pursuant paragraph case ecb time envisag trade date event time respons receiv ecb transact deem authoris term condit relev particip member state public author event notif receiv ecb ecb time consult procedur paragraph appli ecb prior notif view facilit transact particip member state public author ecb transact view ensur consist monetari exchang rate polici commun regard transact impact liquid euro area bank system light consider ecb decid transact perform time frame manner envisag particip member state involv except circumst relat polici consider advers market condit late notif particip member state ecb advis time transact manner transact perform modifi circumst ecb initi consult procedur parti involv nation public author concern nation central bank relev particip member state ecb request transact perform market european system central bank escb case ecb request transact perform nation central bank concern ecb ecb request amount transact divid transact ecb request combin partial perform market escb set partial divis transact transact set except circumst ecb request transact delai case postpon transact prescrib short period time circumst indefinit prevent fulfil term condit matur oblig articl report work balanc order ensur ecb adequ overview level particip member state foreign exchang work balanc particip member state report foreign exchang work balanc monthli post basi standard format particip member state central govern post report foreign exchang work balanc ecb set annex public author particip member state report foreign exchang work balanc threshold level establish ecb set annex vi articl confidenti inform data exchang context procedur set guidelin treat confidenti articl repeal guidelin ecb guidelin ecb repeal articl final provis guidelin address particip member state guidelin enter forc novemb guidelin publish offici journal european union frankfurt main octob behalf govern council ecb presid willem duisenberg annex threshold prior notif ecb member state foreign exchang transact pursuant articl gt tabl gt gross aggreg transact defin total purchas total sale foreign exchang asset trade dai threshold appli transact carri nation central bank agent behalf particip member state record nation central bank financi account annex ii standard format ant report estim forthcom foreign exchang transact particip member state pursuant articl particip member state central govern provid ecb estim forthcom foreign exchang transact monthli basi estim cover transact carri central govern public author report estim forthcom foreign exchang transact threshold set annex iii messag particip member state estim forthcom foreign exchang transact includ data breakdown currenc pair frequenc monthli deadlin ecb time busi dai preced month interpret total purchas total sale transact euro cross currenc transact currenc purchas column cell currenc sold column cell trade date signific transact valuat refer rate report dai determin amount uncertain amount round closest euro million equival time frame messag calendar month threshold dai specif mean threshold expect exceed dai come month ant report busi dai preced month monthli ant report cover daili period threshold expect exceed annex iii threshold ant report particip member state public author central govern pursuant articl particip member state public author central govern provid ecb monthli estim forthcom transact foreign exchang work balanc threshold level gt tabl gt gross aggreg transact defin total purchas total sale foreign exchang asset trade dai annex iv prior notif request particip member state ecb repli pursuant articl prior notif messag inform particip member state notifi transact public author respons transact date time notif trade date date size transact million euro million euro equival currenc involv iso code oper categori matur contractu oblig ecb repli prior notif data date time content ecb repli note particip member state request channel notif ecb respect nation central bank recal transact conduct member state market respect nation central bank counterparti subject prior notif member state transact conduct respect nation central bank counterparti cover prior approv report procedur applic nation central bank oper annex standard format post report ecb foreign exchang work balanc held particip member state pursuant articl particip member state central govern requir report outstand foreign currenc work balanc monthli basi public author report highest monthli averag hold end month hold exce threshold set annex vi breakdown foreign currenc work balanc breakdown currenc monthli averag high month end month low month frequenc monthli deadlin ecb time busi dai report period interpret particip member state total hold foreign currenc held escb forward posit includ data forward posit ad current hold figur item report addit spot transact contract settl includ data data compil trade date basi valuat refer rate nation central bank convert inform receiv particip member state euro particip member state report foreign currenc held secur valu market price practic reason singl refer sourc price requir bulk work balanc held form deposit impact slightli market sourc valu secur limit round closest euro million equival note public author oblig report highest monthli averag hold end month hold exce report threshold report threshold trigger data format central govern monthli averag high month end month low month post report oblig contain annex includ foreign exchang transact carri nation central bank agent behalf public author particip member state annex vi threshold post report particip member state public author central govern pursuant articl particip member state public author central govern report ecb foreign exchang work balanc threshold level gt tabl gt