{
  "url": "https://openlegislation.uk/eu-decision-2017-2/article-1",
  "json_url": "https://openlegislation.uk/eu-decision-2017-2/article-1.json",
  "legislation": "eudn/2017/2",
  "legislation_title": "Decision (EU) 2017/101 of the European Central Bank of 11 January 2017 amending Decision ECB/2014/40 on the implementation of the third covered bond purchase programme (ECB/2017/2)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2017-2",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": "Amendment",
  "text": "In Article 2 of Decision ECB/2014/40, the following point 7 is added:\n‘7.\nPurchases of nominal covered bonds at a negative yield to maturity (or yield to worst) equal to or above the deposit facility rate are permitted. Purchases of nominal covered bonds at a negative yield to maturity (or yield to worst) below the deposit facility rate are permitted to the extent necessary.’.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2017/2/article/1",
    "retrieved_at": "2026-11-01T15:13:39.302626+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}