The European Central Bank (ECB) is today publishing the indicative calendars for the Eurosystem’s regular tender operations and reserve maintenance periods in 2021.
The indicative calendar for the Eurosystem’s regular tender operations includes only main refinancing operations (MROs) and regular three-month longer-term refinancing operations (three-month LTROs). It does not include any supplementary or ad hoc operations which may be carried out in 2021. The calendar can be downloaded from the ECB’s website.
The indicative calendar for the Eurosystem’s reserve maintenance periods takes into account the calendar for Governing Council meetings in 2021, as well as the calendar for regular tender operations.
Indicative calendar for reserve maintenance periods in 2021
MP
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)
1
21 January 2021
27 January 2021
16 March 2021
November 2020
September 2020
49
2
11 March 2021
17 March 2021
27 April 2021
January 2021
December 2020
42
3
22 April 2021
28 April 2021
15 June 2021
February 2021
December 2020
49
4
10 June 2021
16 June 2021
27 July 2021
April 2021
March 2021
42
5
22 July 2021
28 July 2021
14 September 2021
May 2021
March 2021
49
6
9 September 2021
15 September 2021
2 November 2021
July 2021
June 2021
49
7
28 October 2021
3 November 2021
21 December 2021
September 2021
June 2021
49
8
16 December 2021
22 December 2021
tbd
October 2021
September 2021
tbd
