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At close · Tue, Jul 28, 2026
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HomeBonds & RatesGovernment BondsECB outlines indicative 2028 tender and reserve mainte…

ECB outlines indicative 2028 tender and reserve maintenance calendar

The ECB’s 2028 schedule covers main refinancing operations and three-month longer-term refinancing operations, excluding any ad hoc or supplementary operations.

The European Central Bank has published an indicative calendar for the Eurosystem’s regular tender operations and reserve maintenance periods in 2028.

The ECB said the reserve maintenance periods calendar is set using the 2028 schedule for Governing Council meetings and the timing for regular tender operations.

For regular tender operations, the indicative calendar includes only main refinancing operations and three-month longer-term refinancing operations, and it does not cover any supplementary or ad hoc operations that could be carried out during 2028.

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