ECB Publishes Indicative Operational Calendars for 2027 and 2028
On 30 June 2026, the European Central Bank released indicative operational calendars for the Eurosystem’s regular tender operations and reserve maintenance periods for 2027 and 2028. The calendars cover main refinancing operations (MROs) and three-month longer-term refinancing operations (LTROs), excluding supplementary or ad hoc operations. The release aligns reserve maintenance periods with Governing Council meeting schedules, providing forward guidance to market participants for monetary policy implementation.
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ECB Publishes Indicative Operational Calendars for 2028
The European Central Bank (ECB) has published the indicative calendars for Eurosystem regular tender operations and reserve maintenance periods for 2028. The release, dated 30 June 2026, specifies that the reserve maintenance calendar aligns with the 2028 Governing Council meeting schedule and tender operations calendar. The tender operations calendar includes only main refinancing operations (MROs) and three-month longer-term refinancing operations (LTROs), explicitly excluding supplementary or ad hoc operations that may occur. The announcement provides a forward-looking operational framework for Eurosystem monetary policy implementation, including the reserve maintenance period 8 of 2027. The press release includes media contact information and an annex table.
ECB - European Central BankECB Publishes Indicative Operational Calendars for Eurosystem Tender Operations and Reserve Maintenance Periods in 2027
On 30 June 2026, the European Central Bank (ECB) released indicative operational calendars for the Eurosystem's regular tender operations and reserve maintenance periods for the year 2027. The indicative calendar for reserve maintenance periods aligns with the scheduled Governing Council meetings in 2027 and the calendar for regular tender operations. The tender operations calendar specifically includes Main Refinancing Operations (MROs) and three-month Longer-Term Refinancing Operations (LTROs), but excludes any supplementary or ad hoc operations that may be conducted during 2027. The press release also provides details for media inquiries and notes that reproduction is permitted with source acknowledgment. This publication is significant for financial market participants, as it outlines the schedule for key liquidity-providing operations and reserve requirements within the Eurozone.
ECB - European Central BankECB Publishes Indicative Operational Calendars for 2027
On 30 June 2026, the European Central Bank (ECB) released indicative operational calendars for the Eurosystem for 2027. The publication includes the calendar for regular tender operations, covering main refinancing operations (MROs) and three-month longer-term refinancing operations (LTROs), excluding any supplementary or ad hoc operations. It also details the reserve maintenance periods for 2027, taking into account the schedule of Governing Council meetings and the regular tender operations calendar. The release aims to provide market participants with early planning information regarding the Eurosystem's monetary policy operations for the upcoming year.
ECB - European Central BankECB Publishes Indicative Operational Calendars for 2027
The European Central Bank (ECB) published indicative calendars for the Eurosystem's regular tender operations and reserve maintenance periods for 2027 on 30 June 2026. The reserve maintenance calendar aligns with the Governing Council meeting schedule and regular tender operations. The tender calendar includes only main refinancing operations (MROs) and three-month longer-term refinancing operations (LTROs), excluding any supplementary or ad hoc operations that may occur. The announcement also references maintenance period 8 of 2026. Media contacts are provided for further inquiries.
ECB - European Central BankECB Publishes Indicative Operational Calendars for 2028
The European Central Bank (ECB) published indicative calendars for the Eurosystem's regular tender operations and reserve maintenance periods for 2028 on 30 June 2026. The calendar for reserve maintenance periods incorporates the schedule of Governing Council meetings and regular tender operations. The indicative calendar for regular tender operations covers only main refinancing operations (MROs) and three-month longer-term refinancing operations (LTROs), excluding any supplementary or ad hoc operations that may occur in 2028. The release includes an annex table detailing the reserve maintenance periods, including maintenance period 8 of 2027. Media contacts and reproduction permissions are provided.
ECB - European Central BankECB Publishes Indicative Operational Calendars for 2028
On 30 June 2026, the European Central Bank (ECB) published indicative calendars for the Eurosystem's regular tender operations and reserve maintenance periods for the year 2028. The reserve maintenance period calendar aligns with the Governing Council meeting schedule and the regular tender operation calendar for 2028. The tender operation calendar includes only main refinancing operations (MROs) and three-month longer-term refinancing operations (LTROs), excluding any supplementary or ad hoc operations that may be conducted. The release provides forward guidance for financial markets and Eurosystem operations, including an annex table with detailed dates. This announcement is part of the ECB's standard operational planning to ensure transparency and predictability for monetary policy implementation.
ECB - European Central Bank