To fund these redemptions on behalf of some member states, the ECB would issue bonds in its own name, guaranteed solely by the ECB, but repaid, in full, by the member state.
Per finanziare tali rimborsi per conto di alcuni Stati membri, la Bce emetterà bond a proprio nome, garantiti esclusivamente dalla Bce, ma ripagati, in toto, dallo Stato membro.