Traffic settled in the TARGET Services – 2026
| 2026 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Settled values (EUR billions) | |||||||||||||
| All TARGET payments | |||||||||||||
| Total value | 73,846.1 | 71,810.6 | 82,979.4 | 76,276.3 | 74,950.6 | 85,785.6 | 84,916.2 | 73,606.5 | 82,288.0 | ||||
| Daily average | 3,514.3 | 3,588.5 | 3,769.4 | 3,810.9 | 3,667.1 | 3,896.9 | 3,689.7 | 3,502.2 | 3,737.7 | ||||
| CLM related payments | |||||||||||||
| Total value | 3,729.9 | 3,278.1 | 4,027.2 | 3,650.0 | 3,587.8 | 3,952.1 | 3,749.8 | 3,315.3 | 3,831.7 | ||||
| Daily average | 177.6 | 163.9 | 183.1 | 182.5 | 179.4 | 179.6 | 163.0 | 157.9 | 174.2 | ||||
| RTGS related payments | |||||||||||||
| Total value | 38,454.7 | 36,168.0 | 43,257.0 | 39,443.2 | 38,649.8 | 44,372.2 | 45,114.4 | 38,628.2 | 42,954.3 | ||||
| Daily average | 1,831.2 | 1,808.4 | 1,966.2 | 1,972.2 | 1,932.5 | 2,016.9 | 1,961.5 | 1,839.4 | 1,952.5 | ||||
| TARGET transactions on T2S Dedicated Cash Accounts (DCA) | |||||||||||||
| Total value | 31,520.6 | 32,223.4 | 35,516.6 | 33,011.0 | 32,545.7 | 37,265.6 | 35,842.1 | 31,474.3 | 35,283.3 | ||||
| Daily average | 1,501.0 | 1,611.2 | 1,614.4 | 1,650.6 | 1,549.8 | 1,693.9 | 1,558.4 | 1,498.8 | 1,603.8 | ||||
| TARGET transactions on TIPS Dedicated Cash Accounts (DCA) | |||||||||||||
| Total value | 141.0 | 141.1 | 178.6 | 172.1 | 167.2 | 195.7 | 209.9 | 188.8 | 218.7 | ||||
| Daily average | 4.5 | 5.0 | 5.7 | 5.7 | 5.4 | 6.5 | 6.8 | 6.1 | 7.3 | ||||
| Settled values (DKK billions) | |||||||||||||
| TARGET transactions on TIPS Dedicated Cash Accounts (DCA) | |||||||||||||
| Total volume | 43.7 | 39.1 | 59.6 | 92.6 | 46.6 | 52.2 | 47.8 | 46.9 | 47.2 | ||||
| Daily average | 1.4 | 1.3 | 1.9 | 3.0 | 1.5 | 1.7 | 1.5 | 1.5 | 1.6 | ||||
| Settled values (SEK billions) | |||||||||||||
| TARGET transactions on TIPS Dedicated Cash Accounts (DCA) | |||||||||||||
| Total volume | 51.8 | 46.2 | 59.4 | 57.4 | 55.5 | 66.0 | 62.8 | 61.2 | 59.2 | ||||
| Daily average | 1.6 | 1.6 | 1.9 | 1.9 | 1.8 | 2.2 | 2.0 | 2.0 | 2.0 | ||||
- Please note that changes and improvements have been introduced to the reporting methodology for TARGET Services over time, and these should be taken into account when comparing data:
- In January 2009 and January 2013, updates were implemented in the reporting methodology for TARGET2 traffic (see Box 1 of the TARGET Annual Report 2013).
- Up until the go-live of the T2-T2S consolidation on 20 March 2023, all TARGET2 payments were classified as RTGS-related payments. Following the consolidation, CLM-related payments are classified as payments involving central banks, such as monetary policy operations.
- Starting in August 2026, TIPS statistics for volumes and values are calculated on a calendar-day basis (previously the calculation was carried out on a business-day basis).