Key data points
Last release
—
Observation period
Oct 9, 2026
Next release
—
Forecast
—
Highest
16.19 B EURon Oct 9, 2026
Lowest
10.57 B EURon Dec 31, 2025
Indicator info
The European Central Bank uses open market operations to steer interest rates, to manage the amount of liquidity in the financial system and to signal the monetary policy stance. Regular open market operations consist of one-week liquidity-providing operations in euro (main refinancing operations, or MROs) and three-month liquidity-providing operations in euro (longer-term refinancing operations, or LTROs).