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🔗 Back to Summary. 🇫🇷 French Version: 2017R1131_FR.12. Open the PDF. Direct link to EUR-LEX.
Article 11 – Eligible securitisations and ABCPs ⬅️ | ➡️ Article 13 – Eligible financial derivative instruments
Article 12 - Eligible deposits with credit institutions
A deposit with a credit institution shall be eligible for investment by an MMF provided that all of the following conditions are fulfilled:
(a)
the deposit is repayable on demand or is able to be withdrawn at any time;
(b)
the deposit matures in no more than 12 months;
(c)
the credit institution has its registered office in a Member State or, where the credit institution has its registered office in a third country, it is subject to prudential rules considered equivalent to those laid down in Union law in accordance with the procedure laid down in 2013.