27/04/2007 (Agence Europe) - The European Central Bank has launched a public consultation exercise on the general principles and the set of high-level proposals defining the nature and scope of TARGET2-Securities (T2S). Dealing only with clearing and settlement, the T2S project plans to put in place a single technology platform for all transactions carried out in Central Bank money within the eurozone. Comments are also invited on a common platform for Eurosystem collateral management, which will be called Collateral Central Bank Management (CCBM2), and which will bring more efficient management of guarantees against credit granted to financial institutions. (mb)