Summary of ad hoc communication

As communicated by the ECB, participants in the third series of TLTROs (TLTRO III) shall have the option of repaying early, in full or in part, the amounts borrowed. Accordingly, on 27 September 2023 a total of EUR 34230.57 million will be repaid. This amount corresponds to repayments of EUR 3921.8 million by 18 counterparties in tender 20200248, EUR 23146.37 million by 35 counterparties in tender 20210034, EUR 5585.64 million by 18 counterparties in tender 20210078, EUR 921.74 million by 10 counterparties in tender 20210119, and EUR 655.02 million by 6 counterparties in tender 20210155.

As communicated by the ECB, participants in the third series of TLTROs (TLTRO III) shall have the option of repaying early, in full or in part, the amounts borrowed. Participants to the TLTRO III operations 6 to 10 (tenders 20200248, 20210034, 20210078, 20210119 and 20210155), who wish to make use of the early repayment option on 27 September 2023 (settlement date of the early repayment), shall notify the relevant National Central Bank (NCBs) by 13 September 2023 at 17.00 CE(S)T, at the latest, regarding the amounts they intend to repay on the settlement date. Early repayment amounts become binding upon notification to the NCBs. Participants shall provide notification of the repayment amount according to the operational procedures established by the relevant NCB. The total repayment amount per TLTRO operation will be publicly announced on 15 September 2023 by 12.05 CE(S)T.

As communicated by the ECB, participants in the third series of TLTROs (TLTRO III) shall have the option of repaying early, in full or in part, the amounts borrowed. Accordingly, on 28 June 2023 a total of EUR 29460.01 million will be repaid. This amount corresponds to repayments of EUR 17069.14 million by 34 counterparties in tender 20200207, EUR 4342.98 million by 14 counterparties in tender 20200248, EUR 3524.53 million by 20 counterparties in tender 20210034, EUR 3446.00 million by 10 counterparties in tender 20210078, EUR 267.36 million by 8 counterparties in tender 20210119, and EUR 810.00 million by 7 counterparties in tender 20210155.

As communicated by the ECB, participants in the third series of TLTROs (TLTRO III) shall have the option of repaying early, in full or in part, the amounts borrowed. Participants to the TLTRO III operations 5 to 10 (tenders 20200207, 20200248, 20210034, 20210078, 20210119 and 20210155), who wish to make use of the early repayment option on 28 June 2023 (settlement date of the early repayment), shall notify the relevant National Central Bank (NCBs) by 14 June 2023 at 17.00 CE(S)T, at the latest, regarding the amounts they intend to repay on the settlement date. Early repayment amounts become binding upon notification to the NCBs. Participants shall provide notification of the repayment amount according to the operational procedures established by the relevant NCB. The total repayment amount per TLTRO operation will be publicly announced on 16 June 2023 by 12.05 CE(S)T.

In line with the press release of 19 March 2023 on coordinated central bank action to enhance the provision of global US dollar liquidity (see press release: https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr230319_1~8d62af24ac.en.html), the ECB will offer US dollar operations with 1-week maturity at a daily rather than weekly frequency. The daily operations will commence on Monday, 20 March 2023, at 9:15 CET. Counterparties will have time until Monday, 20 March 2023, 9:45 (CET) to submit bids and the results of the operation will be published on Monday, 20 March 2023, at 10:50 (CET) in line with the standard timeline of US dollar operations with 1-week maturity.

As communicated by the ECB, participants in the third series of TLTROs (TLTRO III) shall have the option of repaying early, in full or in part, the amounts borrowed.

Accordingly, on 29 March 2023 a total of EUR 87730.41 million will be repaid.

This amount corresponds to repayments of EUR 71945.60 million by 85 counterparties in tender 20200131, EUR 5978.07 million by 28 counterparties in tender 20200207, EUR 448.50 million by 9 counterparties in tender 20200248, EUR 5920.00 million by 9 counterparties in tender 20210034, EUR 3077.74 million by 4 counterparties in tender 20210078, EUR 55.00 million by 5 counterparties in tender 20210119, and EUR 305.50 million by 6 counterparties in tender 20210155.