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Traffic settled in the TARGET Services – 2026

Settled values (EUR billions)
2026 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
TARGET
All TARGET payments
Total value                        
Daily average                        
CLM related payments
Total value 3,729.9                      
Daily average 177.6                      
RTGS related payments
Total value 38,454.7                      
Daily average 1,831.2                      
TARGET transactions on T2S Dedicated Cash Accounts (DCA)
Total value 31,520.6                      
Daily average 1,501.0                      
TARGET transactions on TIPS Dedicated Cash Accounts (DCA)
Total value                
Daily average                        

Please note that changes and improvements in the reporting methodology have taken place in January 2009 and January 2013. This should be considered when comparing data from before and after the implementation dates.
CLM related payments are payments involving central banks, such as for monetary policy operations. Until the go-live of the T2-T2S consolidation on 20 March 2023, all TARGET2 payments are reported as RTGS related payments.