Otsingu valikud
Avaleht Meedia Suunaviidad Uuringud & väljaanded Statistika Rahapoliitika Euro Maksed & turud Töövõimalused
Soovitused
Sorteeri
Ei ole eesti keeles kättesaadav

Facts and figures

Currency euro
Launch 2007
Settlement model Real-time gross settlement (RTGS) in central bank money
No of participants 1,028 Direct participants
575 Indirect participants
4,253 Correspondents worldwide
No of ancillary systems 83 ancillary systems
Daily averages 345,006 payments €1,812 billion
Average transaction value €5.3 million
Payment values < €50,000 (70% of all TARGET2 payments) > €1 million (9% of all TARGET2 payments)
Share of total large-value payment system traffic in Euro 90% in terms of value 66% in terms of volume
Payments processed in less than five minutes 99.58% < 1 minute (99.97% of all enquiries) 1-3 minutes (0.03%)

More information in the 2020 TARGET Annual Report

Availability / Performance

Availability

2021 Availability of TARGET2
January 100.00%
February 100.00%
March 100.00%
April 100.00%
May 100.00%
June 100.00%
July 100.00%
August 100.00%
September 100.00%
October -
November -
December -
2021 average 100.00%

For TARGET2 the availability figures are measured only during the day trade phase from Monday to Friday 7 a.m. to 6.45 p.m. (7 p.m. on the last day of the minimum reserve period) on TARGET2 days, including all the extensions required to complete the operational day.

The availability measurement does not include systems or networks not directly managed by TARGET2 (in particular the availability of the SWIFT Connectivity Services).

Transit time in PM

2021 <5 min >5 min but <15 min >15 min
January 100.00% 0.00% 0.00%
February 100.00% 0.00% 0.00%
March 100.00% 0.00% 0.00%
April 100.00% 0.00% 0.00%
May 100.00% 0.00% 0.00%
June 100.00% 0.00% 0.00%
July 100.00% 0.00% 0.00%
August 100.00% 0.00% 0.00%
September 100.00% 0.00% 0.00%
October - - -
November - - -
December - - -
2021 average 100.00% 0.00% 0.00%

The transit time indicators for transactions in the Payments Module are measured within the TARGET2/SSP perimeters. The following payments are excluded from the measurement of the performance:

  • payments not settled in the “entry disposition”;
  • warehoused payments;
  • payments stemming from Ancillary System Interface settlement procedures.

In order to neutralise the effect of the morning queue, which is considered a normal phenomenon, the first hour of operations is excluded when the TARGET2 processing times are calculated.

Additional information

On 29 June, due to a problem related to the functioning of T2S, the closing of TARGET2 was delayed by 30 minutes.

TARGET2 statistics

TARGET2 Turnover

(left-hand scale: EUR billions; right hand scale: percentage)

TARGET2 Turnover

TARGET2 traffic

(left-hand scale: number of transactions in millions: right -hand scale: percentage)

TARGET2 traffic

Distribution of TARGET2 transactions across value bands in 2020

(in percentages)

TARGET2: Distribution of TARGET2 transactions across value bands in 2020

Kõik selle jaotise teemad