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PRESS RELEASE

Publication of the indicative calendar of reserve maintenance periods for 2007

28 July 2006

The European Central Bank (ECB) is today publishing the indicative calendar of reserve maintenance periods for 2007.

Taking into account the 2007 schedule for the meetings of the Governing Council of the ECB (see the ECB press release of 2 June 2006) and the indicative calendar for the Eurosystem’s tender operations in 2007 (see the ECB press release published today), the indicative calendar of reserve maintenance periods for 2007 is as follows:

Indicative calyendar of maintenance periods for 2007

MP Relevant Governing Council meeting Start of maintenance period End of maintenance period Reserve base data for credit institutions reporting monthly Reserve base data for credit institutions reporting quarterly Length of maintenance period (days)
1 11 January 2007 17 January 2007 13 February 2007 November 2006 September 2006 28
2 8 February 2007 14 February 2007 13 March 2007 December 2006 September 2006 28
3 8 March 2007 14 March 2007 17 April 2007 January 2007 December 2006 35
4 12 April 2007 18 April 2007 14 May 2007 February 2007 December 2006 27
5 10 May 2007 15 May 2007 12 June 2007 March 2007 December 2006 29
6 6 June 2007 13 June 2007 10 July 2007 April 2007 March 2007 28
7 5 July 2007 11 July 2007 7 August 2007 May 2007 March 2007 28
8 2 August 2007 8 August 2007 11 September 2007 June 2007 March 2007 35
9 6 September 2007 12 September 2007 9 October 2007 July 2007 June 2007 28
10 4 October 2007 10 October 2007 13 November 2007 August 2007 June 2007 35
11 8 November 2007 14 November 2007 11 December 2007 September 2007 June 2007 28
12 6 December 2007 12 December 2007 15 January 2008 October 2007 September 2007 35
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