It was creative, but not radical: the Fed has always lent to Banks, though seldom on such a scale, and the eligible collateral is the same.

这种做法非常富有创造性的，但是并不激进：美联储一直借钱给银行，虽然很少有现在的规模这么大，而且合格的担保都是相同的。

youdao

Parties need to include the Eligible Currency under Eligible Credit Support if they wish to include Cash as Eligible Collateral.

如果希望将现金当作合格担保品，交易各方应当将合格货币列入合格信用支持之内。

youdao

But the Irish bailout showed that solvency can be a question of judgment rather than precise rules, while the concept of eligible collateral is similarly elastic.

WSJ: Now We Are Seeing Politics in the Raw

Big banks and asset managers will have to do a better job of keeping track of margin requirements and the available stock of eligible collateral they have.

ECONOMIST: Collateral management

But what is keeping regulators around the eurozone on red alert is the danger that the banks under their scrutiny will run out of eligible collateral, and will no longer be able to borrow from the central bank.

BBC: Why banks are eurozone's fault line