Standardised deduction

The fixed percentage of the amount outstanding of debt securities with an agreed maturity of up to two years (including money market paper) which can be deducted from the reserve base by issuers that cannot present evidence that such outstanding amount is held by other institutions subject to the minimum reserve system of the Eurosystem, by the ECB or by a national central bank. See also minimum reserves; reserve base (European Central Bank)

YOU MAY ALSO LIKE

Standard tender

Stage Two

Stage Three

Stage One

Stability programmes

Stability and Growth Pact