Circular BCL 2004/187 of 5 November 2004 — Submission dates for statistical reports to the Central Bank of Luxembourg and start and end dates of reserve maintenance periods in 2005

Luxembourg, 5 November 2004
To all credit institutions

CIRCULAR BCL 2004/187
Submission dates for statistical reports to the Central Bank of Luxembourg and start and end dates of reserve maintenance periods in 2005

Dear Sirs, Madams,

We have the honour to refer respectively to Circulars BCL 2002/170, BCL 2002/174 and BCL 2002/175 regarding the modification of statistical collection, as well as to Circular BCL 2003/181 regarding the modification of the reserve system, to send you, by means of this circular, the schedule for the submission of monthly and quarterly statistical reports, as well as the schedule for the start and end dates of the reserve maintenance periods related thereto for the year 2005.

In this context, we wish to remind you that the Central Bank of Luxembourg (BCL) must transmit monthly statistical data to the European Central Bank (ECB) within a period of 15, respectively 19 working days following the period to which they relate. Furthermore, the BCL must submit quarterly data to the ECB within a period of 25 working days following the period to which they relate.

It is therefore essential that institutions strictly respect the various submission deadlines defined in this circular so that the Central Bank of Luxembourg is able to respect its commitments within the framework of the European System of Central Banks (ESCB).

1 Submission dates for statistical reports

1.1 Reports S 1.1 “Monthly Statistical Balance Sheet” and S 1.4 “Adjustments related to valuation effects”

The monthly statistical reports S 1.1 “Monthly Statistical Balance Sheet” and S 1.4 “Adjustments related to valuation effects” must reach the Central Bank of Luxembourg within 10 working days following the end of the month to which they relate. The submission schedule below lists the exact dates by which the aforementioned tables must be submitted, at the latest, to the Central Bank of Luxembourg during the year 2005.

Submission dates for monthly reports S 1.1 and S 1.4

Period	Day	Date
January 2005	Monday	14.02.2005
February 2005	Monday	14.03.2005
March 2005	Thursday	14.04.2005
April 2005	Tuesday	17.05.2005
May 2005	Tuesday	14.06.2005
June 2005	Thursday	14.07.2005
July 2005	Friday	12.08.2005
August 2005	Wednesday	14.09.2005
September 2005	Friday	14.10.2005
October 2005	Tuesday	15.11.2005
November 2005	Wednesday	14.12.2005
December 2005	Friday	13.01.2006

1.2 Report S 1.5 “Information on interest rates in EUR”

The Central Bank of Luxembourg must transmit within 19 working days following the period to which they relate the aggregated national statistical information regarding interest rates. Institutions are therefore invited to send the monthly statistical report S 1.5 “Information on interest rates in EUR” to the Central Bank of Luxembourg within 15 working days following the end of the month to which it relates.

The data submission schedule below lists the exact dates by which the aforementioned table must be submitted, at the latest, to the Central Bank of Luxembourg during the year 2005.

Submission dates for monthly report S 1.5

Period	Day	Date
January 2005	Monday	21.02.2005
February 2005	Monday	21.03.2005
March 2005	Thursday	21.04.2005
April 2005	Tuesday	24.05.2005
May 2005	Tuesday	21.06.2005
June 2005	Thursday	21.07.2005
July 2005	Monday	22.08.2005
August 2005	Wednesday	21.09.2005
September 2005	Friday	21.10.2005
October 2005	Tuesday	22.11.2005
November 2005	Wednesday	21.12.2005
December 2005	Friday	20.01.2006

1.3 Report S 2.5 “Quarterly Statistical Balance Sheet”

The quarterly statistical report S 2.5 “Quarterly Statistical Balance Sheet” must reach the Central Bank of Luxembourg within 20 calendar days following the end of the month to which it relates.

The data submission schedule below lists the exact dates by which the aforementioned table must be submitted, at the latest, to the Central Bank of Luxembourg during the year 2005.

Submission dates for quarterly report S 2.5

Period	Day	Date
March 2005	Wednesday	20.04.2005
June 2005	Wednesday	20.07.2005
September 2005	Thursday	20.10.2005
December 2005	Friday	20.01.2006

2 Start and end dates of maintenance periods

The reserve maintenance period begins on the settlement date of the main refinancing operation following the Governing Council meeting, the agenda of which includes the monthly assessment of the monetary policy stance.

The table on the following page lists the schedule of reserve maintenance periods for the year 2005.

Period	S 1.1 used for calculating reserve requirement	Start date of reserve maintenance period	End date of reserve maintenance period	Number of days in reserve maintenance period
December 2004	October 2004	08.12.2004	18.01.2005	42
January 2005	November 2004	19.01.2005	07.02.2005	20
February 2005	December 2004	08.02.2005	08.03.2005	29
March 2005	January 2005	09.03.2005	12.04.2005	35
April 2005	February 2005	13.04.2005	10.05.2005	28
May 2005	March 2005	11.05.2005	07.06.2005	28
June 2005	April 2005	08.06.2005	12.07.2005	35
July 2005	May 2005	13.07.2005	09.08.2005	28
August 2005	June 2005	10.08.2005	06.09.2005	28
September 2005	July 2005	07.09.2005	11.10.2005	35
October 2005	August 2005	12.10.2005	08.11.2005	28
November 2005	September 2005	09.11.2005	05.12.2005	27
December 2005	October 2005	06.12.2005	17.01.2006	43

Following a slight revision of the schedule for 2004, the last day of the last reserve maintenance period is now 18 January 2005, instead of 19 January 2005, as announced in August 2003.

Please accept, Sirs, Madams, the assurance of our distinguished sentiments.

CENTRAL BANK OF LUXEMBOURG
The Management

Serge KOLB Andrée BILLON Yves MERSCH