The claim shall not be redeemable .

Article 5 Redeemability 1 .

The guarantee has to be payable on first demand ( independently from the underlying debt obligation ) .

The guarantee has to be payable on first demand ( independently from the underlying debt obligation ) .

The guarantee has to be payable on first demand ( independently from the underlying debt obligation ) .

The guarantee has to be payable on first demand ( independently from the underlying debt obligation ) . Guarantees given by public entities entitled to levy taxes should either be payable on first demand or otherwise provide for prompt and punctual payment following default .

The guarantee has to be payable on f irst demand ( independently from the underlying debt obligation ) .

Electronic money needs to be redeemable to preserve bearer confidence .

the staff contribution is repayable at the termination of the employment contract together with accrued interest thereon .

the staff contribution is repayable at the termination of the employment contract together with accrued interest thereon .

Euro equivalent amount of US dollars

Of this total figure

Amount of transfer

Amount category .

satisfied as having priority and bids with successively lower interest rates are accepted until the total liquidity to be allotted is exhausted . If , at the lowest interest rate level accepted ( i.e. the marginal interest rate ) , the aggregate amount bid exceeds the remaining amount to be allotted , the remaining amount is allocated pro rata among the bids according to the ratio of the remaining amount to be allotted to the total amount bid at the marginal interest rate ( see Box 5 ) .

the total amount allotted

In addition , national central banks may announce the allotment result directly to counterparties without access to wire services . The public tender result message normally contains the following information the reference number of the tender operation

Total amount to be covered 50,000,000 95,005,889

Assessed compensation amount

the total amount allotted

Total amount to be covered

Margin call

Upper trigger amount ( 2 )

Start date

Amount of transfer ( EUR )

Amount Accrued interest

the total amount allotted

Claim equivalent to the foreign reserve assets transferred to the ECB , on 31 December 2008 ( EUR )

Spot amount of currency

the maximum bid limit ( if any )

) spot amount of currency

) spot amount of currency

6.2.10 Assessed compensation amount

Article 1 Extent to which the capital shall be paid up 1.1 .

the minimum allotment ( if any )

Aggregate euro equivalent amount

spot amount of currency

Member State refers in this document to an EU Member State which has adopted the single currency in accordance with the Treaty .

If the aggregate amount bid exceeds the total amount of liquidity to be allotted , the submitted bids will be satisfied pro rata , according to the ratio of the amount to be allotted to the aggregate amount bid ( see Box 4 ) .

If the aggregate amount bid exceeds the total amount of liquidity to be allotted , the submitted bids will be satisfied pro rata , according to the ratio of the amount to be allotted to the aggregate amount bid ( see Box 4 ) .

If the aggregate amount bid exceeds Box 4 the total amount of liquidity to be allotted , the submitted bids will be satisfied pro rata , according to the ratio of the amount to be allotted to the aggregate amount bid ( see Box 4 ) .

Maturity date the date on which a monetary policy operation expires .

Minimum allotment amount the lower limit of the amount to be allotted to individual counterparties in a tender operation . The Eurosystem may decide to allot a minimum amount to each counterparty in its tender operations .

Marginal interest rate the interest rate at which the total tender allotment is exhausted .

If the aggregate amount bid exceeds the total amount of liquidity to be allotted , the submitted bids will be satisfied pro rata , according to the ratio of the amount to be allotted to the aggregate amount bid ( see Box 4 ) .