Circular BCL 2005/192 of 19 October 2005 — Submission dates for statistical reports to the Central Bank of Luxembourg and start and end dates for reserve maintenance periods in 2006

Luxembourg, 19 October 2005
To all credit institutions

CIRCULAR BCL 2005/192
Submission dates for statistical reports to the Central Bank of Luxembourg and start and end dates for reserve maintenance periods in 2006

Ladies and Gentlemen,

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 requirement system, to send you herewith 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 2006.

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, business days following the period to which they relate. Furthermore, the BCL must submit quarterly data to the ECB within a period of 25 business 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 meet its commitments within the framework of the European System of Central Banks (ESCB).

In this context, we also wish to draw your attention to the European Central Bank's Communication 2004/C195/101 regarding the application of sanctions for infringements of statistical reporting obligations relating to the balance sheet of monetary financial institutions.

1 Submission dates for statistical reports

1.1 Reports S 1.1 "Monthly Balance Sheet" and S 1.4 "Adjustments related to valuation effects"

The monthly statistical reports S 1.1 "Monthly Balance Sheet" and S 1.4 "Adjustments related to valuation effects" must reach the Central Bank of Luxembourg within 10 business 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 2006.

Submission dates for monthly reports S 1.1 and S 1.4

Period	Day	Date
January 2006	Tuesday	14.02.2006
February 2006	Tuesday	14.03.2006
March 2006	Tuesday	18.04.2006
April 2006	Monday	15.05.2006
May 2006	Thursday	15.06.2006
June 2006	Friday	14.07.2006
July 2006	Monday	14.08.2006
August 2006	Thursday	14.09.2006
September 2006	Friday	13.10.2006
October 2006	Wednesday	15.11.2006
November 2006	Thursday	14.12.2006
December 2006	Monday	15.01.2007

1.2 Report S 1.5 "Information on interest rates in EUR"

The Central Bank of Luxembourg must transmit, within a period of 19 business days following the period to which they relate, the aggregated national statistical information relating to 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 business days following the end of the month to which it relates.

The 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 2006.

Submission date for monthly report S 1.5

Period	Day	Date
January 2006	Tuesday	21.02.2006
February 2006	Tuesday	21.03.2006
March 2006	Tuesday	25.04.2006
April 2006	Monday	22.05.2006
May 2006	Thursday	22.06.2006
June 2006	Friday	21.07.2006
July 2006	Tuesday	22.08.2006
August 2006	Thursday	21.09.2006
September 2006	Friday	20.10.2006
October 2006	Wednesday	22.11.2006
November 2006	Thursday	21.12.2006
December 2006	Monday	22.01.2007

1.3 Report S 2.5 "Quarterly Balance Sheet"

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

The 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 2006.

Submission date for quarterly report S 2.5

Period	Day	Date
March 2006	Thursday	20.04.2006
June 2006	Thursday	20.07.2006
September 2006	Friday	20.10.2006
December 2006	Monday (*)	22.01.2007 (*)

(* The 20th calendar day of January 2007 being a Saturday, table S 2.5 is to be submitted on the following business day, i.e., Monday 22 January 2007.)

2 Start and end dates of maintenance periods

The reserve maintenance period begins on the settlement day of the main refinancing operation that follows the Governing Council meeting at which the monthly assessment of the monetary policy stance is on the agenda.

Furthermore, we wish to remind you that, in accordance with the terms of Circular 2003/181 regarding the modification of the reserve requirement system, the net amount to be deposited is definitively determined before the start of the maintenance period and therefore cannot be modified after the start of the maintenance period.

The table on the following page lists the schedule of reserve maintenance periods for the year 2006.

S 1.1 serving for the calculation of the reserve requirement	Date of final determination of the amount to be deposited	Start date of the reserve maintenance period	End date of the reserve maintenance period	Number of days in the reserve maintenance period
November 2005	16.01.2006	18.01.2006	07.02.2006	21
December 2005	06.02.2006	08.02.2006	07.03.2006	28
January 2006	06.03.2006	08.03.2006	11.04.2006	35
February 2006	10.04.2006	12.04.2006	09.05.2006	28
March 2006	08.05.2006	10.05.2006	14.06.2006	36
April 2006	13.06.2006	15.06.2006	11.07.2006	27
May 2006	10.07.2006	12.07.2006	08.08.2006	28
June 2006	07.08.2006	09.08.2006	05.09.2006	28
July 2006	04.09.2006	06.09.2006	10.10.2006	35
August 2006	09.10.2006	11.10.2006	07.11.2006	28
September 2006	06.11.2006	08.11.2006	12.12.2006	35
October 2006	11.12.2006	13.12.2006	16.01.2007	35

Please accept, Ladies and Gentlemen, the assurance of our very distinguished sentiments.

CENTRAL BANK OF LUXEMBOURG
The Management

Serge KOLB Andrée BILLON Yves MERSCH