ECC maintains a strict investment policy that determines the re-investment of cash collateral provided by our members. Any collateral that is not held in ECC's central bank account is invested according to the following rules

    • Secured placement as reverse repo or with selected German Development banks with regulatory risk weight of zero (until 31.12.2013)
    • Counterparty has to be an authorized German financial institution with acceptable rating
    • Issuer must be a government, agency or supranational with a minimal security rating of AA-
    • Placement tenor restricted to one business day (overnight)


    Marcus Knappe

    Director CCP Risk Models & Analytics

    +49 341 24680-530