PRESS RELEASE

Publication of the indicative calendar for the eurosystem's tender operations in 2002

23 August 2001

The European Central Bank (ECB) is today releasing to the public the indicative calendar for the Eurosystem's tender operations in the year 2002 (see the attached annex, pdf 38 kB).

The indicative calendar is prepared in compliance with the procedures set out in the "General documentation on the European System of Central Banks (ESCB) monetary policy instruments and procedures" (dated November 2000). It is the ECB's aim to establish conditions which ensure that counterparties in all euro area countries can participate in the main and longer-term refinancing operations. Therefore, when compiling the calendar for these operations, the ECB made the appropriate adjustments in order to take into account the bank holidays of the individual euro area countries.

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