欧洲央行：T2S自动抵押：好处、条件和功能-欧洲系统交易对手信息（英文版）

The purpose of this document is to provide Eurosystem counterparties and other stakeholders with information on the functioning and benefits of auto-collateralisation in TARGET2-Securities (T2S). T2S is a platform that the Eurosystem provides to central securities depositories (CSDs) to enable the safe, efficient and harmonised settlement of securities transactions against central bank money. T2S autocollateralisation (T2SAC) is a functionality of T2S whereby an automated intraday credit can