(ii)

the second subparagraph is amended as follows: point (b) is replaced by the following: ; self-liquidating short-term trade finance transactions and corporate purchased receivables, provided that the respective exposures have a residual maturity of up to one year;’ the following point is added: ; issued as well as confirmed letters of credit that are short term, that is, they have a maturity below one year, and are self-liquidating.’

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Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.