Circular BCL 2006/200 of 25 October 2006 — Submission dates for statistical reports to the Central Bank of Luxembourg and start and end dates for reserve maintenance periods in 2007

Luxembourg, 25 October 2006
To all credit institutions

CIRCULAR BCL 2006/200
Submission dates for statistical reports to the Central Bank of Luxembourg and start and end dates for reserve maintenance periods in 2007

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 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 2007.

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 fulfil its commitments within the European System of Central Banks (ESCB).

In this context, we also wish to draw your attention to ECB Communication 2004/C195/10 1 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 working days following the end of the month to which they relate.

ECB Communication 2004/C195/10 in the Official Journal of the European Union: http://europa.eu.int/eur-lex

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 2007.

Submission dates for monthly reports S 1.1 and S 1.4

Period	Day	Date
January 2007	Wednesday	14.02.2007
February 2007	Wednesday	14.03.2007
March 2007	Tuesday	17.04.2007
April 2007	Tuesday	15.05.2007
May 2007	Thursday	14.06.2007
June 2007	Friday	13.07.2007
July 2007	Tuesday	14.08.2007
August 2007	Friday	14.09.2007
September 2007	Friday	12.10.2007
October 2007	Thursday	15.11.2007
November 2007	Friday	14.12.2007
December 2007	Tuesday	15.01.2008

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 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 working 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 2007.

Submission date for monthly report S 1.5

Period	Day	Date
January 2007	Wednesday	21.02.2007
February 2007	Wednesday	21.03.2007
March 2007	Friday	20.04.2007
April 2007	Tuesday	22.05.2007
May 2007	Thursday	21.06.2007
June 2007	Friday	20.07.2007
July 2007	Wednesday	22.08.2007
August 2007	Friday	21.09.2007
September 2007	Friday	19.10.2007
October 2007	Thursday	22.11.2007
November 2007	Friday	21.12.2007
December 2007	Tuesday	22.01.2008

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 2007.

Submission date for quarterly report S 2.5

Period	Day	Date
March 2007	Friday	20.04.2007
June 2007	Friday	20.07.2007
September 2007	Monday	22.10.2007
December 2007	Monday	21.01.2008

2 Start and end dates of maintenance periods

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

Furthermore, we wish to remind you that, in accordance with the terms of Circular 2003/181 regarding the modification of the reserve system, the net amount to be deposited is definitively fixed 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 2007.

S 1.1 serving as basis for calculating reserve requirement	Date of definitive fixing of amount to be deposited	Start date of reserve maintenance period	End date of reserve maintenance period	Number of days in reserve maintenance period
November 2006	15.01.2007	17.01.2007	13.02.2007	28
December 2006	12.02.2007	14.02.2007	13.03.2007	28
January 2007	12.03.2007	14.03.2007	17.04.2007	35
February 2007	16.04.2007	18.04.2007	14.05.2007	27
March 2007	11.05.2007	15.05.2007	12.06.2007	29
April 2007	11.06.2007	13.06.2007	10.07.2007	28
May 2007	09.07.2007	11.07.2007	07.08.2007	28
June 2007	06.08.2007	08.08.2007	11.09.2007	35
July 2007	10.09.2007	12.09.2007	09.10.2007	28
August 2007	08.10.2007	10.10.2007	13.11.2007	35
September 2007	12.11.2007	14.11.2007	11.12.2007	28
October 2007	10.12.2007	12.12.2007	15.01.2008	35

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

CENTRAL BANK OF LUXEMBOURG
The Management

Serge KOLB Andrée BILLON Yves MERSCH