Investment Policy

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)