- PRESS RELEASE
ECB publishes indicative operational calendars for 2025
19 July 2024
- ECB publishes indicative calendars for Eurosystem’s regular tender operations and reserve maintenance periods for 2025
The European Central Bank (ECB) today published the indicative calendars for the Eurosystem’s regular tender operations and reserve maintenance periods in 2025.
The indicative calendar for the Eurosystem’s reserve maintenance periods takes into account the calendar for Governing Council meetings in 2025 as well as the calendar for regular tender operations.
The indicative calendar for the Eurosystem’s regular tender operations includes only main refinancing operations (MROs) and three-month longer-term refinancing operations (LTROs). It does not include any supplementary or ad hoc operations which may be carried out in 2025.
Indicative calendar for reserve maintenance periods in 2025 (including maintenance period 8 of 2024):
Relevant Governing Council meeting | Start of maintenance period | End of maintenance period | Reserve base data for credit institutions reporting monthly | Reserve base data for credit institutions reporting quarterly | Length of the maintenance period (days) | |
|---|---|---|---|---|---|---|
8/2024 | 12 December 2024 | 18 December 2024 | 4 February2025 | October 2024 | September 2024 | 49 |
1 | 30 January 2025 | 5 February 2025 | 11 March 2025 | December 2024 | September 2024 | 35 |
2 | 6 March 2025 | 12 March 2025 | 22 April 2025 | January 2025 | December 2024 | 42 |
3 | 17 April 2025 | 23 April 2025 | 10 June 2025 | February 2025 | December 2024 | 49 |
4 | 5 June 2025 | 11 June 2025 | 29 July 2025 | April 2025 | March 2025 | 49 |
5 | 24 July 2025 | 30 July 2025 | 16 September 2025 | May 2025 | March 2025 | 49 |
6 | 11 September 2025 | 17 September 2025 | 4 November 2025 | July 2025 | June 2025 | 49 |
7 | 30 October 2025 | 5 November 2025 | 22 December 2025 | September 2025 | June 2025 | 48 |
8 | 18 December 2025 | 23 December 2025 | 10 February 2026 | October 2025 | September 2025 | 50 |
For media queries, please contact William Lelieveldt, tel.: +49 69 1344 7316.
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