Liquidity conditions and monetary policy operations from 11 February to 5 May 2026
• The European Central Bank (ECB) is monitoring liquidity conditions and monetary policy operations for the period between 11 February and 5 May 2026. • An increasing number of banks are currently testing their participation viability to ensure operational readiness for these specific operations. • This trend is driven by the ongoing contraction of the Eurosystem's balance sheet, which necessitates that banks have reliable access to liquidity.
ecb.europa.eu