ECB publishes indicative operational calendars for 2026

The European Central Bank (ECB) today published the indicative calendars for the Eurosystem’s regular tender  operations and reserve maintenance periods in 2026.

The indicative calendar for the Eurosystem’s reserve maintenance periods takes into account the calendar for Governing Council meetings in 2026, 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 adv hoc operations which may be carried out in 2026.

Indicative calendar for reserve maintenance periods in 2026 (including maintenance period 8 of 2025):

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