BOX 3 Operational steps for tender procedures Step 1 Tender announcement ( a ) Announcement by the ECB through public wire services ( b ) Announcement by the national central banks through national wire services and directly to individual counterparties ( if deemed necessary ) Step 2 Step 3 Step 4 Counterparties » preparation and submission of bids Compilation of bids by the Eurosystem Tender allotment and announcement of tender results ( a ) ECB allotment decision ( b ) Announcement of the allotment result Step 5 Step 6 Certification of individual allotment results Settlement of the transactions ( see Section 5.3 )
etapp Pakkumise väljakuulutamine a ) EKP teatab üldkasutatavate elektrooniliste kanalite kaudu b ) Liikmesriikide keskpangad teatavad siseriiklike elektrooniliste kanalite kaudu ja otse konkreetsetele vastaspooltele ( vajaduse korral ) 2 .