Regulation and implementation
The rules and agreements presented in this section constitute the main legal relationship between the National Bank of Belgium and its counterparties for the implementation of monetary policy. These documents define the tools, instruments and procedures needed for conducting monetary policy operations. The National Bank of Belgium may issue additional rules that are not included on this page. Furthermore, other decisions and regulations may apply.
NBB Terms and Conditions
The National Bank of Belgium‘s Terms and Conditions, together with their Annexes, reproduce and implement the Guideline ECB/2014/60 of 19 December 2014 on the implementation of the Eurosystem monetary policy framework. The provisions of this Guideline are supplemented with legal and technical provisions specific to the NBB.
The NBB’s Annexes to these Terms and Conditions form an integral part of this agreement.
NBB’s Terms and Conditions on the implementation of the Eurosystem monetary policy framework (version 16/04/2018) – Supplement on Valuation Haircuts