# First-class bills of exchange (fine bank bills)

- Canonical URL: https://www.gerhardmerk.de/first-class-bills-of-exchange-fine-bank-bills
- Post ID: 594177
- Modified: 2023-07-25T20:59:53+00:00
- Language: en

## Definition

Bills accepted by the central bank for rediscount without further ado. At the ECB, which does not have a discount policy, these instruments are accepted as tier two collateral. - See financial investment, discount policy, tier two asset, rediscount rate, bill credit. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 2.0.0