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For its operations, the E.C.B. had until now said that the current minimum credit threshold of BBB- would revert back to A- at the end of this year.
For its operations, the European Central Bank had until now said that the current minimum credit threshold of BBB- would revert to A- at the end of 2010.
It said that the minimum credit threshold for the collateral that the E.C.B. accepts from banks in return for short-term funds -- currently BBB- -- would not revert to A- until next year.
"It is the intention of the ECB's Governing Council to keep the minimum credit threshold in the collateral framework at investment grade level, BBB-, beyond the end of 2010," Mr. Trichet said in the text of a speech.
It said that the minimum credit threshold for the collateral that the central bank accepts from banks in return for short-term funds — currently BBB- — would not revert to A- until next year.
Similar(55)
No minimum credit requirements.
It instead requires that applicants have a minimum credit score of 660 and a minimum credit history of three years.
Minimum credit card: Can$25.
The minimum credit requirement for the 5-year BPharm programme was 150, whereas the 6-year PharmD programme requires a minimum of 220 credits.
To cheers, Mr Cameron attacked the Lib Dems for "trying to take all the credit" for lowering the minimum earnings threshold at which people start paying income tax.
A minimum ownership threshold of 3%.
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