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The European Central Bank (ECB) decision ECB/2016/10 of 28 April 2016 on the second series of targeted longer-term refinancing operations defines the conditions for participation in targeted longer-term refinancing operations (TLTRO-II) and other operational aspects.
In line with the announcement of TLTRO-II on 10 March 2016, the ECB also publishes a Decision amending Decision ECB/2014/34 on measures relating to targeted longer-term refinancing operations (TLTROs) (ECB/2016/11), introducing an additional early repayment option for TLTROs in June 2016.
Five documents relating to TLTROs and TLTRO-II are made available. These include revised calendars of TLTROs for the years 2014, 2015 and 2016, a revised table on indicative voluntary repayment settlement dates of TLTROs and the indicative calendar for TLTRO II.